IMF's Georgieva says US growth will not be enough to shrink debt
BANGKOK: The United States cannot grow its way out of mounting public debt and needs to make other fiscal adjustments to put its debt on a more sustainable path, International Monetary Fund Managing Director Kristalina Georgieva said on Wednesday. Georgieva t...
BANGKOK: The United States cannot grow its way out of mounting public debt and needs to make other fiscal adjustments to put its debt on a more sustainable path, International Monetary Fund Managing Director Kristalina Georgieva said on Wednesday. Georgieva told reporters at IMF-World Bank annual meetings in Bangkok that US Treasury Secretary Scott Bessent recognizes that US deficits and overall debt, now above $40...