World · 10 September 2026
Global growth hits 3% despite near-100% public debt
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Global economic growth is expected to hit 3% this year even though oil and gas prices stay high due to the war in the Middle East. Julie Kozack, a spokesperson for the International Monetary Fund, said on Thursday that public debt is nearing 100% of GDP. She also urged central bankers to stick to their price stability mandates as inflation pressures mount.
Reported by Reuters · How we write briefs