CURRENT AFFAIRS

2018

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
According to a report by the International Monetary Fund (IMF), Debt worldwide reached a record-high of $ _________ trillion in nominal terms.
A
195
B
168
C
184
D
172
Explanation: 

Detailed explanation-1: -Total debt declined on average by 10 percentage points of GDP, to 292 percent of GDP in 2021, driven by similar falls in public and private debt. The latter was driven by a drop of 4 percentage points of GDP in non-financial corporate debt. Household debt fell by 2 percentage points of GDP.

Detailed explanation-2: -The $300 trillion works out to $37, 500 of debt for every person in the world, compared to a GDP per capita of just $12, 000. Global governments, households, financial corporates and nonfinancial corporates owe a record $300 trillion as of June 2022.

Detailed explanation-3: -On average, ESG stocks and bonds are up by some 5% in 2023 ytd. Global sustainable/ESG debt issuance was down over 15% to $1.3 trillion in 2022, from $1.5 trillion in 2021. We project global ESG debt issuance to climb to $1.7 trillion in 2023 and near $2 trillion in 2024.

Detailed explanation-4: -Japan has the highest percentage of national debt in the world at 259.43% of its annual GDP.

There is 1 question to complete.