BANGKOK, Thailand, Apr 04 (IPS) – The unprecedented fiscal firepower used to protect the vulnerable from the harsh socio-economic impact of the COVID-19 pandemic and the resulting economic contraction have pushed the average government debt level in the Asia-Pacific region to its highest since 2008.
BANGKOK, Thailand, Apr 04 (IPS) – The unprecedented fiscal firepower used to protect the vulnerable from the harsh socio-economic impact of the COVID-19 pandemic and the resulting economic contraction have pushed the average government debt level in the Asia-Pacific region to its highest since 2008.Read the full story, “Rethinking Public Debt as Positive Investment in Sustainable Development”, on globalissues.org →