Global economy faces debt, inflation risks, IMF warns

PM NEWS Nigeria | 16-10-2026 08:10am |

The International Monetary Fund (IMF) has warned that the global economy is facing risks from debt and inflation. According to the IMF, its outstanding credit and undrawn commitments stand at 240 billion dollars, while concessional lending has reached 36 billion dollars. The warning comes amid concerns over rising debt levels and inflationary pressures worldwide.

Stay Updated with the Latest News!

Don't miss out on breaking stories and in-depth articles.