Sovereign Debt Threatens Markets
This is a news story, published by CNBC, that relates primarily to Mohammed Al-Jadaan news.
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sovereign debt issuesCNBC
•Sovereign debt is the biggest risk to global growth in 2025, Saudi finance minister says
80% Informative
Mohammed Al-Jadaan expresses concern over lower income countries as well as rapidly growing global fragmentation.
Global public debt hit a record $97 trillion in 2023 , prompting the United Nations to call for urgent reforms.
Paying back debt has also become more expensive, hitting emerging market and developing countries more intensely.
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