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Supervisor
Elham AbolFateh

Business

World’s debt hit $ 164 trillion: IMF

Monday 23/April/2018 - 07:52 PM
IMF
IMF
Ahmed Moamar
Experts of the International Monetary Fund (IMF) have authored a report says that the world’s debt has grown to hit $ 164 trillion.
The world’s debt is equivalent 225% of the whole product of all states across the globe.
It is worth to mention that the underdeveloped countries are the most suffering from mushrooming of the international debt.
Those countries have should be blamed.
They hae applies unreasonable policies in the years following their independence.
The third world states import almost inputs of the industrial production.
The IMF warns that the rocketing debits threatens the stability of the states in the world’s continents.
The report unveils that the bigger portion of those debits belong to western private companies. 

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