ISLAMABAD: The International Monetary Fund (IMF) has said that the global debt increased by 24 24 trillion in 2020 due to the outbreak of Covid 19, due to political and social pressure on governments to reduce the debt burden in the future. Steps may be affected.
According to the IMF (International Monetary Fund) report, the volume of international debt reached 28 281 trillion at the end of last year during the global epidemic, resulting in a global debt-to-GDP ratio of 355. Percentage increased.
According to the report, half of the increase in global debt was due to government assistance programs, while loans to international companies, banks and domestic spending increased by 5. 5.4 trillion, 3. 3.9 trillion and 2. 2.6 trillion, respectively. Is.
According to the report, during the last year, the volume of loans as a percentage of international gross domestic product (GDP) increased by 35 points, bringing the rate to 355% of GDP.
The report said that due to the global economic crisis of 2008 and 2009, the debt-to-GDP ratio had increased by 10 points.
The International Monetary Fund (IMF) has said that global government debt is expected to increase by 10 1 trillion this year.
0 Comments