Global debt tops G20 agenda as growth and stability risks rise
Global debt is dominating G20 talks amid warnings it may exceed 100% of GDP without prompt reforms.
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1 day agoGlobal debt tops G20 agenda as growth and stability risks rise
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.
neutral
1 day agoGlobal debt tops G20 agenda as growth and stability risks rise
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.
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Global debt tops G20 agenda as growth and stability risks rise
1 day ago
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Global debt is dominating G20 talks amid warnings it may exceed 100% of GDP without prompt reforms.
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.
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.
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Oct 16, 2025 • 08:30 IST