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Economy

Global debt has reached record high, says IMF

Updated : April 19, 2018 01:40 PM IST

China alone has contributed 43% to the increase since 2007.
In emerging market economies, debt at almost 50% of GDP on average is at levels that in the past have been associated with fiscal crisis.
In contrast, for low-income developing countries, average debt-to-GDP ratios at 44% of GDP are well below historical peaks.
Global debt has reached record high, says IMF

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