Question
What is the total global public debt reported in 2024
according to the Sevilla Forum on Debt?ÂSolution
At the UNCTAD16 event in Geneva, Spain launched the Sevilla Forum on Debt, supported by UNCTAD and UN DESA. The report highlighted a global public debt of $102 trillion, with developing nations owing $31 trillion and spending $921 billion annually on interest. The forum aims to promote debt sustainability, fair lending practices, and reform global financial systemsÂ
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