Report
IMF warns many low-income countries have 'no choice' but to cut spending or potentially face debt restructuring
AFP reports that the IMF says the Iran war-fuelled energy shock is disproportionately affecting low-income countries.
TLDR
AFP reports that the IMF says low-income countries are dealing with disproportionate impacts from an energy shock fuelled by the Iran war. The IMF warns that many have 'no choice' but to cut spending or potentially face debt restructuring.
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