The U.S. accounts for the largest portion of the global debt at 34.6%. Major contributing factors include an aging population, defense spending triggered by geopolitical tensions and rising health ...
THE global financial crisis has taken its toll on the world economy, especially on the public finances of advanced economies. As a share of GDP public debt has grown sharply in recent years—from 70 ...
The economic crisis triggered by COVID-19 has devastated many of the world’s poorest countries ... 43 are scheduled to spend more on debt repayments in 2020 than on the health of their citizens (Chart ...
According to the latest data and estimates from the IMF, the GDP growth and debt-to-GDP ratios of these economies reveal a diverse set of economic paths. Here’s an analysis of how the world’s ...
Replying to a post on social media platform X (earlier Twitter), the world’s richest man stated that the country could face bankruptcy "super fast" if the rising national debt is not addressed.