Global debt returning to its rising trend
The IMF says although global debt recorded another significant decline in 2022, it's still high and debt sustainability remains a concern
Source: interest.co.nz
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Debt hits 88% of GDP in Low-Income Nations Developing Countries (LIDCs) - IMF
Debt in low-income developing countries (LIDCs) have not fallen, and total debt increased by about 0.5% of GDP to 88% of GDP in 2022. | Pulse Ghana
Source: pulse.com.gh
Debt hits 88% of GDP in Low-Income Nations Developing Countries (LIDCs) - IMF
Debt in low-income developing countries (LIDCs) have not fallen, and total debt increased by about 0.5% of GDP to 88% of GDP in 2022. | Pulse Nigeria
Source: pulse.ng
IMF says global debt fell to $235 trillion in 2022, but still above 2021 level
According to the multilateral agency, private debt has fallen at a faster rate than public debt over the last two years
Source: moneycontrol.com
How to tackle soaring public debt
Public debt soared to a record during the pandemic, topping global gross domestic product. Now, with government debt still elevated, the rise in interest rates and the strong US dollar is adding to interest costs, in turn weighing on growth and fueling financial stability risks.
Source: thedailystar.net