The IMF warns that global public debt is rising rapidly, with major economies like the US seeing significant increases in their debt-to-GDP ratios. By 2029, global public debt is projected to exceed 100% of world GDP, marking the highest level since 1948. The report highlights the shift of debt sustainability issues from developing countries to G20 economies, driven by high deficits, rising interest rates, and demographic challenges. The era of cheap borrowing is over, and governments must adopt credible fiscal frameworks to stabilize debt amidst growing pressures. Teljes cikk (Euronews.com)