IMF's Georgieva: Rising global debt levels are a serious concern

Author: Justin Low | Category: News

Comments by IMF chief, Kristalina Georgieva

Kristalina Georgieva
  • But warns against premature withdrawal of fiscal support
  • Monetary policy should remain accommodative
  • Global economy is "not out of the woods yet"
  • Second major virus wave could case further disruptions
  • Job losses, bankruptcies, industry restructuring poses significant challenges
Some token remarks as a whole, but the headline comment is going to be an issue that is likely reverberate across politics and markets in the decade to come.

Regardless, these high debt levels aren't going anywhere and when the next crisis comes along, we'll be back here talking about the same thing with zero lessons learned.
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