Tag: Counties

  • High Debt Could Slow Countries’ Recoveries: IMF

    High Debt Could Slow Countries’ Recoveries: IMF

    Debt accumulated by businesses and individuals worldwide could slow economic recoveries from the pandemic crisis, the IMF warned Monday. Governments took exceptional measures to support their economies as Covid-19 spread two years ago, including rolling out debt repayment suspensions or offering large-scale loans. But these programs resulted in higher debt levels for some sectors, including…