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Maroc Maroc - LEXPRESS.MU - A la Une - 19/Jun 08:38

The Public Debt Challenge

Sovereign debt sustainability is attracting growing concern with the change in the global trend towards weaker growth. In 2023, the Govt debt-to GDP ratio averaged 93% globally, varying from 68% in emerging and middle-income countries to 111% in advanced countries. These high debt burdens still largely reflect the expansion in Govt spending during the Covid pandemic. The IMF is now urging countries to rebuild fiscal buffers through durable fiscal consolidation, reduce debt to more sustainable ...

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