IMF calls for "fiscal restraint" in biggest-ever election year

WASHINGTON, April 17 (Xinhua) -- The International Monetary Fund (IMF) on Wednesday called on governments to avoid slippages in the biggest-ever election year and focus more on rebuilding buffers and safeguarding fiscal sustainability over the medium term.

Despite that inflation has fallen and financial conditions have eased, many countries continue to struggle with high public debt and fiscal deficits amid new