IMF warns on risks to corporate sector debt

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IMF warns on risks to corporate sector debt

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(190409) -- WASHINGTON, April 9, 2019 (Xinhua) -- International Monetary Fund (IMF) chief economist Gita Gopinath (2nd R) speaks during a press conference in Washington D.C., the United States, on April 9, 2019. The International Monetary Fund (IMF) on Tuesday lowered its global growth forecast for 2019 to 3.3 percent in the newly-released World Economic Outlook (WEO) report, down 0.2 percentage point from its estimation in January. (Xinhua/Liu Jie) | Liu Jie/Xinhua News Agency/PA Images

The creditworthiness of corporate borrowers in advanced economies has deteriorated while the volume of debt and financial risk taking has risen, the International Monetary Fund has warned. It also flagged up concerns about the sovereign-bank nexus in the eurozone and about market conditions for low income and frontier countries.

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