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IMF Chief Urges Governments to Tighten Budgets as Global Debt Climbs
Kristalina Georgieva says major economies face difficult fiscal choices as rising bond yields strain government budgets.
By EGazette AI · · 1 min read

Kristalina Georgieva says major economies face difficult fiscal choices as rising bond yields strain government budgets.

Rising global debt levels mean advanced economies are now paying more in interest than the world spends combined on artificial intelligence, defense and clean technology, economists say.