Th high global rate and high fiscal rate has hot a record high, and the IMF warned that it could surpass 100 per cent of the global GDP by 2029. The figures are much more higher as seen since World War II. With worldwide debt in medicine, housing fund, disaster recovery are increasing the interest rate in international sector. Major economies like Japan, China, UK, Egypt, and Pakistan are deep in debt and owes millions to the IMF. The fund warns the debt and fiscal policy triggering high debt and building buffers.
