Latest Global public debt News & Updates

Washington, April 16 (IANS) The global economy is facing renewed strain from the West Asia conflict, with elevated debt levels and limited fiscal space constraining governments’ ability to respond, the International Monetary Fund (IMF) has said.“The world economy is being tested again with the consequences of the war in the Middle East,” Rodrigo Valdes, Director of the IMF’s Fiscal Affairs Department, said on Wednesday (local time), warning that “public finances are more stretched in m…