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Driven by defence spending, global govt borrowing set to hit record $12.3 tn in 2025
Global government borrowing is projected to hit a record $12.3 trillion this year, driven by increased defence spending and other expenditures in major economies, along with rising interest rates, according to a report
Global government borrowing is projected to hit a record $12.3 trillion this year, driven by increased defence spending. Reuters File
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