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IMF urges Australia to refocus on debt and deficit to fight inflation

Original: australian economy

The IMF says a renewed focus on debt and deficit reduction is key to fighting inflation in Australia. The International Monetary Fund's assessment puts pressure on the federal government's budget strategy, with economists debating how fiscal discipline can support the Reserve Bank's efforts to bring inflation back to target.

Why now: An IMF assessment urging fiscal discipline is landing as Australians weigh cost-of-living pressures and the government's budget priorities.

International Monetary FundAustraliaThe Australian

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