The International Monetary Fund (IMF) has raised concerns over the lack of transparency in government borrowing, warning that it undermines investor confidence and raises borrowing costs.

The institution says opaque borrowing practices leave economies more exposed to potential debt crises.

It is urging governments worldwide to strengthen public financial management and disclose borrowing details more openly.

According to the IMF, transparency is critical to building trust, attracting investment, and ensuring long-term economic stability.