The Guardian Australia
·general
·12 hours ago
IMF warns Iran war could raise global debt to 100% of GDP
The International Monetary Fund warned that the Iran war could increase global debt levels, potentially reaching 100% of GDP by 2029. The conflict is pushing up energy and food prices, leading to higher borrowing costs and threatening economic growth. IMF officials emphasized the need for targeted and temporary support schemes during their spring meetings in Washington.
Summary by Glance · The Guardian Australia
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