Targeted fiscal measures help lower risks of record-high global debt: IMF – ecns

Adequately designed fiscal measures can help lower the risks of record-high global debt toward global recovery and financial stability, said the International Monetary Fund (IMF) on Wednesday in a newly-released report. “At 225 percent of world GDP, the global debt of the nonfinancial sector — comprising the general government, households, and nonfinancial firms — currently…