As governments continue to grapple with escalating expenses, the International Monetary Fund (IMF) has raised alarms about global public debt, which is projected to exceed $100 trillion for the first time this year. IMF chief Kristalina Georgieva emphasized that the rising debt could lead to a sharper crisis than previously anticipated, urging global leaders to implement fiscal reforms. In light of sluggish economic growth and persistent inflation, the IMF warned that families may feel increasingly financially strained. With global trade faltering, concerns grow over the implications of high government debt on financial stability and growth. The IMF calls for unity among nations to address these pressing challenges ahead of key financial meetings.