A shopkeeper counting cash in India. Emerging markets economies are likely to continue borrowing in foreign currency, with interest rates near record lows. Reuters
A shopkeeper counting cash in India. Emerging markets economies are likely to continue borrowing in foreign currency, with interest rates near record lows. Reuters

Banking

Surge in debt levels could weigh on global economy in 2021

Governments’ debt-to-GDP rose to 105% last year, from 90% in 2019

Sarmad Khan
Sarmad Khan

January 10, 2021

On The Money

Make money work for you with news and expert analysis

      By signing up, I agree to The National's privacy policy
      On The Money