IMF warns of high level of debt; calls for greater fiscal adjustments

IMF warns of high level of debt; calls for greater fiscal adjustments

Mexico City. The public debt of the world economy could exceed $100 trillion in 2024, representing 93 percent of global gross domestic product (GDP), and rise to 100 percent of GDP by 2030, warned the International Monetary Fund (IMF). ). The agency noted that the risks around the debt outlook are clearly tilted to the … Read more