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IMF warns of unsustainable infrastructure debt

Report, which is published when AIIB is set to open its doors for business by year-end, says developing countries could face risks in incurring large debt

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The IMF said "public policies in relation to infrastructure provision play a key role ... in influencing public debt sustainability over the medium-term".

Tokyo

WITH the Asian Infrastructure Investment Bank (AIIB) set to open its doors for business by the end of this year, adding significantly to the amount of external financing available for infrastructure investment in Asian and other developing economies, concerns are rising over debt