IMF warns of rising global debt and calls for reforms
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IMF warns of rising global debt and calls for reforms

Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), appealed to the world's largest economies to eliminate growing imbalances in finance and trade. Speaking at the annual meetings of the IMF and the World Bank in Bangkok, Thailand, on Wednesday, October 14, Georgieva warned about the necessity of urgent policy reforms. This warning is based on a new IMF report that highlights the risks associated with delaying measures regarding the rising level of indebtedness.

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