KRTL BioTech

Debt levels expected to sharply increase in 2020, stabilize as economies recover: IMF

Debt levels expected to sharply increase in 2020, stabilize as economies recover: IMF

Global debt is expected to increase significantly over the next year, the top economist of the International Monetary Fund said on Tuesday, while moratoriums on debt payments and debt restructuring may need to be continued as the world economy emerges from the coronavirus pandemic lockdown.