in The global case it was an all-time high, mostly at the hands of the private sector. And this is not without risk, as he warned of the topvrouw of the International Monetary Fund (imf) Kristalina Georgieva, on Thursday.
The combined global debt of the public and the private sector rose to 188.000 billion u.s. dollars, or approximately 230 per cent of global gross domestic product (gdp), he said that the new IMF topvrouw at an international conference.
in The private sector, it is one of the main driving forces behind this increase, but also the sovereign debt of the advanced economies is at its highest level since the Second world War.
the Loans are essential for families and businesses, in order to be able to invest in a high mountain of debt represents a risk to financial stability and could weigh on growth, as he warned Georgieva. She pointed out that the ability to repay, monitored, and called for more transparency.
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