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Sunday, Jan 24, 2021

Global debt to hit record $277 trillion by year end on pandemic spending splurge: IIF

Global debt to hit record $277 trillion by year end on pandemic spending splurge: IIF

Global debt is expected to soar to a record $277 trillion by the end of the year as governments and companies continue to spend in response to the COVID-19 pandemic, the Institute of International Finance said in a report on Wednesday.
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