Global public debt hit 94% of GDP in 2025 and may reach 100% by 2029, raising long-term risks
West Asia tensions add uncertainty, worsening fiscal pressures and delaying stability
Interest payments have climbed to nearly 3% of global GDP, squeezing growth spending
Persistent high US deficits could absorb global savings and tighten capital flows
Dependence on foreign capital leaves India vulnerable to external shocks and currency pressure
Faster fiscal consolidation can strengthen stability and reduce reliance on global savings