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The World Bank: $ 55 trillion in emerging market debt DinarDailyUpdates?bg=330099&fg=FFFFFF&anim=1

The World Bank: $ 55 trillion in emerging market debt

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The World Bank: $ 55 trillion in emerging market debt Empty The World Bank: $ 55 trillion in emerging market debt

Post by RamblerNash on Thu Dec 19, 2019 10:32 pm

The World Bank: $ 55 trillion in emerging market debt

The World Bank: $ 55 trillion in emerging market debt Story_img_5dfbd0aa982f6

12/19/2019 22:34

{International: Al Furat News} A World Bank report revealed today, Thursday, the rise in emerging market debt rates to 55 trillion dollars by the end of last year.

According to the report, the ratio of emerging market debt to gross domestic product was about 170 percent, and an increase rate of 54 percent over the past eight years.

The report said, China is responsible for most of this increase, as it contributed $ 20 trillion to the rise in debt, noting that the size of Chinese debt has increased since 2010 from 72 percent to 255 percent in relation to GDP.

The report warned that in the event that these economies are exposed to sudden global crises or high interest rates, stressing that the matter will lead to financial crises. is over

https://alforatnews.com/modules/news/article.php?storyid=223611
RamblerNash
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