By the end of 2023, Russia became the country that reduced the dollar-denominated public debt the most among the G20 countries by 12 percent, reducing it to 285 billion dollars. RIA News With reference to data from national finance ministries.
Argentina managed to reduce its national debt by 7% during the year, to $371 billion. Japan, on the other hand, reduced this figure by 4% to 9.1 trillion dollars.
Meanwhile, the public debts of some G20 countries increased significantly last year. During this period, Mexico (+22% to $1.67 trillion) and India (+15% to $2.04 trillion), where the central government’s liabilities increased by 31% to $687 billion, continued to lead.
The 2023 national debt of the USA increased by 2.6 trillion dollars, China’s by 492.5 billion dollars, and the UK by 416.1 billion dollars.
At the end of last year, South Africa had the least public debt among the G20 countries. Turkey with 260 billion dollars and Russia with 284 billion dollars entered the top three with only 195 billion dollars.
Before reportedIt was stated that Britain’s national debt reached its highest level since 1961.
Previously USA guess Collapse due to the size of the national debt.
What are you thinking?
Source: Gazeta
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