Global Debt Concerns Threaten Economic Growth, Says WEF

Reported 12 days ago

A World Economic Forum report highlights that high global debt and political instability pose serious risks to long-term economic growth. While some economists remain cautiously optimistic, with a majority viewing the economy as stable, significant concerns arise, particularly for developing countries facing unsustainable debt levels that are jeopardizing investments in health and education. This creates a challenging predicament for these nations, forcing difficult trade-offs between social expenditure and debt servicing.

Source: YAHOO

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