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Maroc Maroc - WN.COM - Africa - 24/Nov 00:15

IMF Urges G20 to Prioritise Debt Challenge

During the G20 Leaders’ Summit in Johannesburg, the Managing Director of the International Monetary Fund, Kristalina Georgieva, stated that the Fund expects the Group of Twenty major economies to place sustained emphasis on global debt vulnerabilities, particularly in developing nations. She warned that global public debt is projected to exceed 100 % of world GDP by 2029 without decisive action, and added that the IMF intends to continue pressing the G20 on this issue....

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