At the IMF–World Bank meetings, South African central bank governor Lesetja Kganyago warned that rising global public debt will feature prominently on the G20 agenda. He noted that debt burdens are no longer just an issue for emerging markets; advanced economies too are under pressure. The Financial Stability Board has projected public debt could exceed 100% of global GDP by 2029 under stress. Kganyago urged action on debt sustainability, transparent borrowing practices, and broader multilateral frameworks to manage looming fiscal risks.