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Further global debt crisis could be building, IMF warns
Published Wed, Oct 5, 2016 · 09:50 PM
Washington
GLOBAL debt is now at an all-time high and could "thwart the fragile global economic recovery", the International Monetary Fund (IMF) warned on Wednesday.
It said in the latest issue of its Fiscal Monitor report that reducing debt significantly will entail adopting fiscal policies that support economic activity, the restructuring of private debt and the cleanup of non-performing bank loans.
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