DevelopingWorld · Washington, United States of America

‘No choice’: IMF says developing countries must cut spending or restructure debt

First reported 2026-10-13 02:26 UTC · Updated 2026-10-13 06:18 UTC · 2 independent sources

"Unfortunately, after years of the global economy being hit by shock after shock, debt levels have increased quite a lot, and at the same time, inflation has become a problem," says IMF deputy director of research

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Who reported it

  1. 2026-10-13 02:26 UTCStraits Times · straitstimes.com ↗
  2. 2026-10-13 06:18 UTCThe Hindu · thehindu.com ↗

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