The UK’s national debt reached 100% of GDP at the end of August, a record for the country since the 1960s, according to the report. Sky News.
Public sector net borrowing stood at £13.7bn last month, up £3.3bn on August 2023. This is the third largest amount of borrowing on record in the reporting period.
Global government debt in 2023 overcome The $100 trillion mark. Moreover, about a third of this debt comes from the US. In July of this year, for the first time in history, the US debt increased exceeded 35 trillion dollars. Accordingly Predictions According to analysts, the size of America’s national debt could reach $54 trillion in the next decade.
Previously in Ukraine appreciated 2025 budget deficit