Global debt expected to exceed 100% of GDP before 2030, says IMF
By the AFREEQUE newsroom, based on New Era
Global public finances are under pressure from high debt, rising interest rates and growing spending needs, said Rodrigo Valdés, director of the International Monetary Fund’s Fiscal Affairs Department. The IMF expects global public debt to exceed 100% of GDP before 2030, according to its fiscal monitor report and Valdés’s remarks reported by Xinhua.
Global debt is expected to exceed 100% of gross domestic product before 2030, Rodrigo Valdés, director of the Fiscal Affairs Department of the International Monetary Fund (IMF), said in an interview with Xinhua in Washington ahead of the IMF and World Bank annual meetings in 2026.
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