BusinessPhoto: NDTV WorldIMF Warns Developing Nations May Need Spending Cuts
The International Monetary Fund warned that many low-income developing countries, hit hard by the Iran war-fueled energy shock, may have no choice but to cut spending or face debt restructuring. IMF deputy director Petya Koeva Brooks highlighted rising debt levels and inflation, urging targeted subsidies and fiscal rebuilding amid ongoing global economic shocks and soaring energy prices.
NDTV World·


