Global debt

Global debt decreases to $247 trillion in Q1 (IIF)

Intermoney | According to the global bank lobbying group IIF, global debt in 2Q18 fell by $ 1.5 trillion to $ 247 trillion thanks to the reduction between the financial sector and the governments of developed countries. Global debt fell to 317% of GDP, a figure that differs from the one provided by institutions such as the IMF due to the different treatment of information.