IMF Chief Says US Growth Alone Cannot Fix Rising Debt

The United States cannot rely on economic growth alone to bring its mounting public debt onto a sustainable path, IMF Managing Director Kristalina Georgieva said on October 14, according to India Global Review. The outlet reported that she called for additional fiscal adjustments at a news conference during the IMF-World Bank annual meetings in Bangkok.

Georgieva said US authorities were counting on robust growth to reduce the debt burden, but the Fund judged that this would not produce the necessary adjustment quickly enough. Referring to US Treasury Secretary Scott Bessent, she said American authorities acknowledged that deficits and total public debt—which the report put above $40 trillion—were too high.

The supplied account did not identify specific spending or tax measures. Although its headline also referred to a call for China to increase spending, it provided no details of those remarks. This is a source-reported snapshot, not a live update service.