A woman wearing a protective face mask walks in a business district amid the outbreak of the coronavirus disease (COVID-19) in Moscow, Russia May 12, 2020. REUTERS/Evgenia Novozhenina/File photo LONDON – Global public debt surged to a record $92 trillion in 2022 as governments borrowed to co un ter crises, such as the COVID-19 pandemic, with the burden being felt acutely by developing co un tries, a Un ited Nations report said. Domestic and external debt worldwide has increased more than five times in the last two decades, outstripping the rate of economic growth, with gross domestic product only tripling since 2002, according to the Wednesday report , released in the r un up to a G20 finance ministers and central bank governors' meeting July 14-18.
https://business.inquirer.net/410021/global-public-debt-hits-record-92-trillion-un-report#inquirer
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