Developed economies’ debt to reach record $75.8 trillion in 2026

Government debt across developed economies will climb to a record $75.8 trillion by the end of this year, according to a report released Tuesday by Fitch Ratings. The increase comes as countries face ongoing budget deficits, geopolitical tensions and growing spending requirements. Fitch said debt in developed markets will rise by $4.2 trillion in 2026, ...

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