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IMF: Indebted Countries Suffer if US Interest Rates Rise
international |
economics and finance |
press release
Tuesday April 06, 2021 17:49 by Zachary Conti - Jubilee USA
The IMF warns that rising US interest rates could impact the ability of developing countries to pay debt, leading to prolonged economic crisis. The warning comes ahead of IMF, G20 and World Bank meetings, with the Fund's release of the Global Financial Stability Report. The IMF warns that rising US interest rates could impact the ability of developing countries to pay debt, leading to prolonged economic crisis. The warning comes ahead of IMF, G20 and World Bank meetings, with the Fund's release of the Global Financial Stability Report. |
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