IMF chief Georgieva says IMF will keep pushing G20 to prioritise debt issues

International Monetary Fund Managing Director Kristalina Georgieva on Monday said the IMF will continue to push the Group of 20 major economies to focus on persistent debt issues burdening developing economies. Georgieva, speaking at the annual meetings of the IMF and World Bank in Washington, said the impact of US tariffs had been less dramatic than expected, but uncertainty remained high. "Growth is slow, debt is high and the risks of financial downturn are quite permanent. They are there," she said, adding that countries needed to be "much, much, much more focused on bringing debt levels down." Global public debt is expected to exceed 100% of GDP by 2029, Georgieva said last week. Georgieva said the IMF was working intensively...