(09 Oct 2025, 14:35)

Global Public debt projected to exceed 100% of GDP by 2029 says IMF

International Monetary Fund (IMF) Managing Director Kristalina Georgieva has stated that global public debt is projected to exceed 100 percent of GDP by 2029, led by advanced and emerging market economies. Rising debt inflates interest payments, exerts upward pressure on borrowing costs, constrains other spending, and reduces governments’ ability to cushion shocks. One casualty is advanced economies’ development assistance to the world’s neediest countries, which continues its regrettable decline. For the low-income countries on the receiving end, this means more self-help—including setting a minimum tax-to-GDP target of 15 percent. She noted that in the US, both private consumption and the fiscal deficit are high and the current account deficit is at levels not seen since the early 2000s. The IMF is urging action to address the federal government deficit, noting that the federal debt-to-GDP ratio is on a path to exceeding its all-time high after World War Two.

More News

(10-Oct-2025 16:22)
Govt raises Rs 28,000 crore through bond auction
(10-Oct-2025 16:20)
Indel Money plans to raise Rs 300 crore through NCD issue
(10-Oct-2025 11:08)
US 30-year bond auction records high yield of 4.73%
(10-Oct-2025 10:53)
US treasuries eye global cues

Tweets by CapitalMarket17

Debt Market News

Global Public debt projected to exceed 100% of GDP by 2029 says IMF