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344 IMF Warns About Soaring Global Government Debt

Slashdot
msmash @ Slashdot · 10/16/2025 13:30 EDT

IMF Warns About Soaring Global Government Debt

The IMF has issued a stark warning over soaring global government debt, saying it is on track to exceed 100% of GDP by 2029. Semafor: Such a ratio would be the highest since 1948, when large economies were rebuilding post-war. Today, "there is little political appetite for belt-tightening," The Economist wrote: Rich nations are reluctant to raise taxes on their beleaguered electorates -- but they're facing pressure to spend more on defense, and on social services for aging populations.

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