Global public debt to rise to 100% of GDP by 2029: RBI governor
Rising debt-to-GDP ratios in major economies raise sustainability concerns and place pressure on central banks to facilitate the financing of substantial public debts.
public debt
October 2024
July 2024
June 2024
December 2022
Budget 2024: Centre's Liabilities Doubled In 7 Years
Central liabilities are likely to go up to ₹183.7 lakh crore in FY25, 56% of GDP
Post-Covid stock market returns fuelled by high fiscal deficit: Shankar Sharma
Capex led growth is ultimately the same growth model that China followed the same growth model that Japan followed in the nineties
Global public debt hits high of $97 trillion in 2023; developing nations struggle: UN
The report highlights soaring interest payments are outpacing the growth of critical public spending such spending on education and health combined.
Economic rebound, inflation pushed India’s debt down by 10 percentage points of GDP in 2021: IMF
Apart from India, other countries such as Brazil, Canada, and the United States have also witnessed a fall in their debt levels by 10 percentage points of their GDP.
