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Benzinga
Benzinga
Politics
Vandana Singh

Global Government Debt Expected To Swell To $71 Trillion In 2022: CNBC

According to a new report, global sovereign debt is expected to climb to a whopping $71.6 trillion in 2022, while fresh borrowing is also anticipated to remain high, writes CNBC.

In its second annual Sovereign Debt Index, British asset manager Janus Henderson projected a 9.5% rise in global government debt, driven primarily by the U.S., Japan, and China.

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