The world is now 12% of GDP deeper in debt than it was at a peak debt cycle during the financial crisis in 2009, hitting a whopping $164 trillion, according to the International Monetary Fund.        

Topics:  gdp   international monetary   fund   debt   trillion   
BING NEWS:
  • Public investment to drive India’s economic growth to 6.8% in FY25: International Monetary Fund
    We use cookies to authenticate, authorize, verify, analyze and secure the application. The application will not work with cookies disabled. if the cookies are disabled on your browser, please enable ...
    05/2/2024 - 5:15 pm | View Link
  • Russia's Economy on Course to Hit Historic Low
    Russia's share of global GDP is set to decline between now and the end of the decade, the International Monetary Fund has said.
    05/2/2024 - 5:28 am | View Link
  • The $34 trillion U.S. debt is nearly as big as the economy and there’s (still) no plan to fix it
    Goldman Sachs, International Monetary Fund, and the Congressional Budget Office are the latest to warn it’s a looming problem.
    05/1/2024 - 6:53 am | View Link
  • The ominous shadow of global debt
    The IMF’s latest Global Debt Monitor, which tracked data until December 2022, reported total global debt (private plus public) to have risen to $235 trillion, equivalent to 238 per cent of the global ...
    05/1/2024 - 5:10 am | View Link
  • How to fix the country’s $34 trillion debt problem — and why it’s so hard
    As the national debt has risen to more than $34 trillion and counting, Washington remains deeply divided on what to do about it. Congress suspended the debt ceiling last year, which limits how ...
    04/29/2024 - 10:59 pm | View Link
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