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Story summary
- Global debt reached a record US$348 trillion in 2025, up since the pandemic.
- The Institute of International Finance (IIF) says US$29 trillion in new debt was added, with government borrowing over US$10 trillion.
- The United States, China, and the euro zone accounted for about three-quarters of the rise.
- The IIF projects debt will continue to rise due to higher government borrowing in the United States, China, Germany, Japan, and India.
