Nigeria, April 24 -- The International Monetary Fund (IMF) has expressed concern over the mounting global economic uncertainties and debt burden.

Victor Gaspar, the IMF's Director of Fiscal Affairs, expressed his concerns on Wednesday at the ongoing IMF/World Bank Spring meeting in Washington, DC, USA, while presenting the fund's global economic outlook.

In the latest Fiscal Monitor published on Wednesday in Washington, USA, the IMF warnedthat public debt levels will exceed 95% of GDP, and may reach 100% by the end of the decade.

In a chart showing 175 countries, the Fund stated that 59 nations, including developed economies, account for only a third of the total, but comprise 80% of global GDP.

While stressing that stark uncertainty ...