Global debt hits record high
Edited By WION Video Desk
Published: Jul 13, 2023, 06:10 IST | Updated: Jul 13, 2023, 06:10 IST
The global public debt has risen to record levels. A UN report states that global debt rose to 92 trillion dollars in 2022. Domestic and external debt worldwide has increased more than five times in the last two decades. The pace has outstripped economic growth too, as the gross domestic product has only tripled since 2002.
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