Business · GB ·
IMF chief warns UK and US to tackle rising debt costs
BBC News · Business
Published · Updated
- Kristalina Georgieva, IMF managing director, said advanced economies need to cut borrowing and reduce debt levels.
- Georgieva stated global economic shocks have pushed debt levels higher but governments have taken no action to contain service costs.
- Government borrowing costs have surged due to wars disrupting oil supply, fuelling inflation.
Read it at the source
BBC News↗We link out rather than republish. The reporting belongs to the publications above; the summary and the search data on this page are ours.
