IMF warns of rising levels of global debt

16 Jul 2020 03:44 PM

IMF Chairwoman Kristalina Georgieva has warned of rising levels of global debt.

In addition to urging governments not to withdraw financial support prematurely, she stressed that the current expansionary monetary policy is very adaptive and that the crisis is not over yet.

Georgieva added that the second wave of the Corona pandemic could be a major cause of further market turmoil.

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