TOKYO -- Fiscal spending to offset the impact of global inflation is going to inflate levels of debt in emerging Asia.
Economy
Inflation spending to swell debt in emerging Asia
Borrowing harder for emerging economies due to dollar's rise, IFF warns
Emerging economies' public- and private-sector debts are rising quickly, reaching 252.4% of gross domestic product in April to June, and are likely to keep growing this year. © AFP/Jiji
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