IMF Warns of Rising Global Debt and Limited Fiscal Room for Maneuver
The IMF warned that global public debt is projected to reach 99% of world GDP by 2028, with a stress scenario suggesting it could rise to 121% within three years. The warning highlights a structural, not cyclical, debt problem driven by higher spending and lower revenues, requiring long-term political action. The U.S. is identified as a major case with $39 trillion in national debt.
Topics: Economic Outlook Fiscal Policy Global Debt IMF Report