IMF "코로나19 재확산으로 세계경제 회복세 약화"... 전세계 부채 277조 달러 돌파<br /><br />With COVID-19 infections soaring worldwide and some nations on full lockdown,... the global economy is spiraling into a tailspin... and beginning to drown in increasingly eye-watering amounts of debt.<br />Choi Won-jong with the details.<br />The global economic recovery is slowing as countries battle a resurgence of COVID-19.<br />The International Monetary Fund said on Thursday that nations should promptly remove trade barriers on medical goods in order to support the recovery.<br />According to a report on the G20 economies, the global economic recovery began in June, but it is losing momentum and the crisis is likely to leave "Deep and unequal scars."<br />The IMF's Managing Director warned in a blog post that the economic path ahead remains difficult even with a medical solution.<br />She urged countries to cooperate to ensure the fair and swift distribution of vaccines when they become available... particularly for developing countries.<br />The COVID-19 pandemic is projected to push global debt to a record 277 trillion U.S. dollars by the year's end.<br />The Institute of International Finance published a report on Wednesday titled "Attack of the Debt Tsunami,"... which also forecast that the debt-to-global GDP ratio would reach 365 percent.<br />The report cited a significant increase in borrowing by countries, businesses and individuals.<br />Many governments are attempting to provide financial support for their citizens and businesses, and more firms are scrambling for extra funding as their profits dry up due to the pandemic.<br />For the U.S., debt is projected to hit 80 trillion U.S. dollars in 2020 while debt in Europe has risen 1-point-5 trillion dollars to 53 trillion dollars.<br />Among developing economies, Lebanon, China, Malaysia and Turkey have seen the biggest increases in their non-financial sector debt ratios this year.<br />The Institute of International Finance said uncertainty still remains over how the global economy can get itself out of this situation going forward.<br />Choi Won-jong, Arirang News.<br />
