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IMF issues warning on global debt

The International Monetary Fund says that high global debt is a concern.

In a new report, the IMF says governments should use the current strong economic growth to strengthen their finances.

The organisation also says that risks to global financial stability have increased.

It does, however, also say that the banking sector has become more resilient since the global financial crisis.

The IMF's Assessment of the general economic outlook, published on Tuesday, was fairly upbeat for the near term.


BBC News

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