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Tag: Global debt

What are the reasons for rise in global debt? | Explained

Posted on September 23, 2023 By admin
What are the reasons for rise in global debt? | Explained

Global debt refers to the borrowings of governments as well as private businesses and individuals. Photo: imf.org The story so far: Global debt rose to an all-time high of $307 trillion in the second quarter, by the end of June 2023, the Institute of International Finance (IIF) said in a report released last week. Quite…

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