IMF Warns Rising Borrowing Costs Could Deepen Debt Pressures on Developing Economies
International Monetary Fund Managing Director Kristalina Georgieva has warned that rising global borrowing costs and increasing public debt are creating fresh challenges for developing and low-income economies. Speaking at the G20 Finance Ministers and Central Bank Governors meeting, Georgieva said higher yields in advanced economies are pushing up borrowing costs across emerging markets. The IMF […]
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