IMF chief urges governments to tighten belts as global debt levels soar
Kristalina Georgieva says big economies will have to make ‘very touch choices’ as soaring bond yields hit budgets Business live – latest updates The head of the International Monetary Fund has called on governments across big economies to tighten their belts as soaring bond yields hit budgets. Speaking in Singapore, the IMF’s managing director, Kristalina Georgieva, said global debt-to-GDP ratios were at their highest level since the second world war and on course to hit 100% in the coming years.
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The GuardianSource headline and summary supplied via NewsData.io. First collected by NewsJaws on 2026-10-08. This is an automated news brief, not original NewsJaws reporting. Dates reflect the source publication. Feed delays may apply.