The International Monetary Fund (IMF) has raised concerns about the dangerously high levels of global public debt, which are expected to reach a new record. The IMF urges governments to generate sufficient revenue through taxation to meet their financial obligations. However, in the U.S., where debt has already reached 124% of GDP, both presidential candidates, Donald Trump and Kamala Harris, are promising tax cuts to voters. CGTN’s Owen Fairclough reports.
IMF warns of alarming global debt levels
World Today
