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 ...
Total US government debt held by the public is projected to reach 107% of GDP by 2029, exceeding the 106% record set in 1946, just after the end of World War II. By 2035, total debt is forecast at ...
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 ...
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.