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No choice: IMF says developing countries must cut spending despite war shock

"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

· 10/13/2026, 6:18:46 AM· 2 min read
No choice: IMF says developing countries must cut spending despite war shock
"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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