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IMF warns of global-debt rise, citing Australia

IMF managing director Christine Lagarde (AAP)
IMF managing director Christine Lagarde (AAP)

The International Monetary Fund says the world is now a record $152 trillion in debt. That comes as countries are being urged to spend more to boost flagging growth if they can afford it.


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Updated

By Yin Wu

Source: SBS



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The International Monetary Fund says the world is now a record $152 trillion in debt. That comes as countries are being urged to spend more to boost flagging growth if they can afford it.



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