'Global debt to hit post-World War II levels'

Global public debt is on track to cross 100% of GDP by 2029, returning to levels last seen in the aftermath of World War II, as successive economic shocks continue to strain government finances worldwide amid the intensifying West Asia conflict. The warning from IMF Managing Director Kristalina Georgieva comes at a time when the war has begun to unsettle energy markets and trade flows, adding fresh pressure on already stretched public finances.Also Read | IMF’s Georgieva sees no risk of sharp do...