A shadow of debt hangs over the global economy

Stronger growth in the US and eurozone is a cause for optimism, but historically high levels of public debt, an uneven recovery and emerging market risks will test fiscal policymakers.

iMFdirect

We’ve had a spate of good news on the economic front recently. Does this mean that we are finally out of the fiscal woods?

According to our most recent Fiscal Monitor report, not yet. Public debt remains high and the recovery uneven.

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