COVID-19

The pre-pandemic debt landscape - and why it matters

a board showing a generic economic trading price plummeting

Economic collapse on top of elevated debt is leaving some countries vulnerable in their recovery. Image: REUTERS/Lucas Jackson

Susan Yang
Senior Economist, Fiscal Affairs Department, IMF
Xuehui Han
Economist, Fiscal Affairs Department, IMF
Paulo Medas
Deputy Division Chief, IMF’s Fiscal Affairs Department
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Debt levels are much higher now, than they were before the 2008 financial crisis. Image: IMF
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COVID-19Pandemic Preparedness and ResponseEconomic Progress
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