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Jakarta Post
The Jakarta Post
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IMF calls countries to take measures to reduce debts

  • The Jakarta Post

| Mon, October 15 2012 | 09:32 am

PREMIUM The International Monetary Fund (IMF) is asking all countries to take measures to manage their balance of payments while at the same time maintaining economic growth.

Speaking at the opening plenary of the IMF and the World Bank, fund chief Christine Lagarde pointed out that economically advanced countries had average debts around 110 percent of their gross domestic product (GDP), the highe...