Debt build-up in emerging markets sets back hopes of recovery in H2: MAS chief

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THE debt accumulation in emerging markets is likely to be the 'number-one aftermath' of the Covid-19 outbreak to be dealt with from as early as next year, with expectations of a recovery in the second half of this year set to be 'severely tested', said Ravi Menon, managing director of the Monetary Authority of Singapore (MAS). Read more at The Business Times.

THE debt accumulation in emerging markets is likely to be the"number-one aftermath" of the Covid-19 outbreak to be dealt with from as early as next year, with expectations of a recovery in the second half of this year set to be"severely tested", said Ravi Menon, managing director of the.

 

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