Wednesday, 13 April 2016

IMF: public debt has risen dramatically in developed economies



WASHINGTON (Ina) - International Monetary Fund warned that the public debt increased significantly in the advanced economies, reaching its highest level since World War II as governments suffer from weak negative inflation growth. 
Fund - based and announced Washington on Wednesday (April 13, 2016) that the levels government borrowing soared since the financial crisis and continue to rise because of the suffering of the major economic powers such as Japan and Europe , growth has slowed dramatically, while the number of emerging and poor economies suffer from reduced income from commodities such as oil and minerals. 
, said in the financial control report that in the advanced economies on average " more than public debt currently level during the period of the great Depression, and approaching the level reached after theend of World war II. " the 
Fund pointed out that the high debt and the need to continue spending to help the slowing economy. 
the international Monetary Fund cut its forecast for global economic growth on Tuesday to 3.2 percent, warning of the danger of stagnation of growth in the world in case it is not taking the necessary steps.

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