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News 2026-10-14 02:00 UTC

IMF says higher bond yields underscore urgency of fiscal consolidation

Fiscal results worse than expected, IMF says Delaying consolidation will make adjustment more painful Average public debt nearing 100% of GDP, highest level since World War Two By Andrea Shalal BANGKOK, Oct 14 (Reuters) — The International Monetary Fund on Wednesday urged advanced economies and others to take urgent ac