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Government of the Government of the Global is expected to reach a record $ 12.3tn this year, as the rise of defense and other expenditure of large interest rates in debt levels of debt levels.
3 percent climbing to Sovereign bond Issuing countries 48 countries will include total debt stocks – pushed higher in the global financial crisis, at a record of $ 76.9tn, according to the estimates of S & P Global Ratings.
The focus of Big in Palisud policy policy
This confirmed, he added, by rising debt service costs, as the crops heavily high from the end of central bond shopping programs’
Borrowing funds higher expenditures “good and lasting as you have expenses for borrowing you have before pandemic, now it presents a greater problem”, Sifon-Arevalo said.
Exciting public finances are a growing concern for major investors, with giant rational pimco in December planned to gather US debt grouping in the “debt maintenance of”. Billuuan of investment Ray Dalio warns that the UK risks entering a “Death Death Death” where it is necessary to borrow and more than one fulfilling self-sale bundle for sale.
on usThe largest borrower in the world, “wide fiscal deficiency, high interest spending and more issues in the tre-term, that the public borrowing numbers, as in public debt.
The agency expects American fiscal deficiency to remain more than 6 percent of GDP in 2026, but the condition of the dollar “important flexibility” in Public Falles.
China, the second largest borrower in the world, is expected to improve its long release by equivalent to more than $ 370bn to $ 2.1TN while it spends in the domestic economy. Outside G7 countries and China, borrowing the whole world is expected to remain flat.
Overall, the loan stock reaches 70.2 percent of global GDP, according to S & P. It has been resurrected since 2022 but at least 73.8 percent have responded to many spending programs.
S & P also highlights a large degradation of the quality of credit since the world’s financial crisis for many large economies. The stock stock feature from lenders with the top of this AAA rating shrink as countries such as US and UK fall from top bracket.
The recent increase in government debt supply combines concerns with investors regarding economic compliance with attorney positions of fisheries in many economies “, S & P say.
SIFON-AREVALIO said there is an appetite to obtain debt issuance, as bonds of funds in the bond under management. But the cost of serving the increase in debt burdens will hit other ambitions, such as infrastructure spending, he added. This is feeding “changes in political colors” around the world.
“Growth of more health conservatives (political) movement is not related to the fact that you see many fiscal disabilities and debt,” he said.