New York

Italy should use recovery to cut debt - IMF (2)

Same advice for France, UK

Italy should use recovery to cut debt - IMF (2)

New York, November 13 - Italy was among several European countries that the IMF on Monday told to take advantage of the economic recovery to cut its public debt in its Regional Economic Outlook for Europe. It gave the same advice to Belgium, France, Portugal, Spain and Britain. The IMF repeated the forecast it gave in its World Economic Outlook in October that Italy's debt-to-GDP ratio for 2017 will be 133%.

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