![(FILES) In this file photo taken on March 27, 2020 An exterior view of the building of the International Monetary Fund (IMF), with the IMG logo, is seen in Washington, DC. The coronavirus pandemic could set African incomes back a decade as weak oil prices, curbed tourism and business lockdowns contract the continent's economy 3.2 percent in 2020, an IMF official said on June 29, 2020.
/ AFP / Olivier DOULIERY](https://thenational-the-national-prod.cdn.arcpublishing.com/resizer/v2/D7EZ2M24OAGFKOEITQBAL5LZG4.jpg?smart=true&auth=a5bcacad5fd81c9eb02b4e9b2bd1f35200518f2cf12e79bef6b4dd5282a4ae45&width=400&height=225)
The IMF is urging fiscal caution as public debts tops 100% of global GDP. AFP
The IMF is urging fiscal caution as public debts tops 100% of global GDP. AFP
IMF urges caution on borrowing as global debt rises to record high
Borrowing by governments has pushed public debt to more than 100% of global GDP, the highest level yet