economy Bangkok, Thailand
IMF chief urges wealthy nations to reduce debt
40TUSD
United States national debt
IMF Managing Director Kristalina Georgieva urged wealthy nations, including the United States, to reduce debt and deficits, warning that global borrowing costs are worsening pressures on poorer countries. Several organizations also announced initiatives on jobs and cybercrime.
1 sourcePBS NewsUpdated
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AllegedKristalina Georgieva said wealthy nations need to urgently tackle mounting debt levels.
“The U.S. and other wealthy nations need to urgently tackle mounting global debt levels”
AllegedKristalina Georgieva said economic growth alone would not be enough to address U.S. national debt.
“economic growth alone would not be enough to address the country's more than $40 trillion in national debt”
- 40TUSD
United States national debt
“the country's more than $40 trillion in national debt”