IMF: the world economy is facing troubling times due to high debt

International Monetary Fund (IMF) Managing Director Kristalina Georgieva said the world economy is facing troubling times due to high debt.

 

As TASS writes, she made the corresponding statement at a press conference in Washington.

“Ultimately, the world economy risks being stuck on a path of slow growth and high debt,” she said.

That would ultimately mean lower government revenues and jobs, she said.

“Given these problems, these are troubling times,” Georgieva emphasised.