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Higher borrowing costs adding to fiscal pressures at time of high debt: IMF

07:19 Min

The International Monetary Fund is warning that higher borrowing costs are here to stay, adding pressure on governments already grappling with rising debt. CNA’s Elizabeth Neo is at the IMF-World Bank Annual Meetings in Bangkok. She asked IMF chief, Kristalina Georgieva, what the elevated rates mean for ASEAN and how much policy space these countries have to navigate it.

The International Monetary Fund is warning that higher borrowing costs are here to stay, adding pressure on governments already grappling with rising debt. CNA’s Elizabeth Neo is at the IMF-World Bank Annual Meetings in Bangkok. She asked IMF chief, Kristalina Georgieva, what the elevated rates mean for ASEAN and how much policy space these countries have to navigate it.

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