WASHINGTON (Reuters) - According to the International Monetary Fund (IMF), the size of the global debt reached a record $ 152 trillion, which is more than twice the size of the world economy.
World debt, both public and private, reached 225% of global output last year, compared with about 200% in 2002, the IMF said in its updated Fiscal Monitor report.
About 2/3 of the debt, or about $ 100 billion, owned by private sector borrowers. MVFotmetil that the rapid growth of private debt leads to financial crisis.
Debt indicators vary depending on the country, the report shows that the amount of debt can cause that prevents recovery of the world economy and increasing the risks to financial stability.
The report noted the rapid growth of private debt in China and Brazil. They are a major problem and cause a long period of low interest rates.
IMF calls for targeted financial support consumer demand and appeal for the continuation of accommodative monetary policy and accelerate structural reforms, which are aimed at improving the country's economic stability.
IMF recommends that fiscal policy included targeted measures to restructure private debt or restore bank balance sheets, which should help to minimize the possible negative impact on the global economy.
Based on materials WELTRADE
