IMF Warns Nigeria, Others Against Borrowing From China, Saudi As Global Public Debt Hit 92% Of GDP

The International Monetary Fund (IMF) has called on governments and finance ministers of member states to use fiscal policy tools to curb the rate at which they borrow to finance their budgets.

The IMF’s Deputy Managing Director, Gita Gopinath made the call in her introductory remarks for the conference, “Fiscal Policy in an Era of High Debt,” in Washington, obtained by THE WHISTLER.

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