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IMF warns of interest rate risks as global debt hits $226 trillion

by AIP Online Bureau | Dec 15, 2021 | Eco/Invest/Demography, International News, Pandemic, Policy

Government borrowing accounted for slightly over half of the $28 trillion increase, but private debt among non-financial corporations and households also hit new highs. Global debt surged to $226 trillion last year, its biggest one-year jump since World War Two, and...

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