IMF says global public debt to top $100 trillion, growth may accelerate

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Global public debt is forecasted to exceed $100 trillion, with the IMF warning it may grow faster due to increased spending. U.S. tax cut plans and campaign promises ahead of the presidential election could add trillions to deficits. The IMF urges fiscal consolidation, but current efforts are deemed insufficient to stabilize debts.

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IMF says global public debt to top $100 trillion, growth may accelerate

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