📋Key takeaways from the International Monetary Fund's latest Fiscal Monitor report:

📎The level of global public debt will increase to 93.8% of GDP in 2024 and reach 98.8% in 2029;

📎The projected level of Russia's public debt has been reduced to 20.8% of GDP in 2024 and to 21.9% in 2025;

📎China’s public debt will reach 88.6% of GDP in 2024 and exceed 110% in 2029;

📎The euro area public debt will reach 88.7% of GDP in 2024 before decreasing to 87.7% of GDP in 2029;

📎The US public debt will exceed 123% of GDP in 2024 and almost reach 134% in 2029.