Analysis: Why record debt may not be a reason to cut government spending

Sky News’ Economics Editor explains that while government may have spiralled to the highest amount on record, the managing director of the IMF says we may need to borrow more.

Kristalina Georgieva says it is important for governments not to ‘withdraw economic support prematurely’.

To do so could put a break on any economic recovery from the coronavirus pandemic.

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Original Author: Produced by Sky News and on 17/10/2020 Source