IMF Warns Of Global Economic Struggles Amid High Debt, Low Growth

The head of the International Monetary Fund (IMF) has issued a warning about the persistent challenges of high debt and sluggish economic growth, which continue to hinder the global economy.

IMF Managing Director, Kristalina Georgieva acknowledged that, while the global economic recovery had made notable strides, many governments had grown too reliant on borrowing, with “anemic growth” making it harder to manage their debt burdens.