World debt is at historic highs and governments ought to originate slicing ranges now, the IMF says
Meanwhile, debt in advanced economies far exceeded debt levels in emerging markets, the IMF said. According to its latest report, average debt for advanced economies stood at 105 percent of GDP. For middle-income economies, debt was around 50 percent of GDP on average, while debt for low-income countries, which have been experiencing rising average debt-to-GDP…

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