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International Monetary Fund Managing Director Georgieva said on the 14th that the US cannot rely on economic growth alone to resolve rising public debt; other fiscal adjustment measures are needed. Georgieva said during the 2026 fall annual meeting between the IMF and World Bank Group held in Bangkok, Thailand on the same day that US Treasury Secretary Bezent admitted that the US deficit and overall debt are too high. Georgieva said that the US authorities are very dependent on economic growth to help reduce debt. The IMF believes that economic growth cannot bring about the necessary adjustments fast enough, so some fiscal measures are necessary. Currently, the total debt of the US federal government has exceeded 40 trillion US dollars. The US government's interest expenses for the current fiscal year are expected to be close to 1.2 trillion US dollars. The size of debt continues to expand, and high interest rates drive up debt repayment costs, and the US treasury is facing increasingly heavy interest pressure.
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International Monetary Fund Managing Director Georgieva said on the 14th that the US cannot rely on economic growth alone to resolve rising public debt; other fiscal adjustment measures are needed. Georgieva said during the 2026 fall annual meeting between the IMF and World Bank Group held in Bangkok, Thailand on the same day that US Treasury Secretary Bezent admitted that the US deficit and overall debt are too high. Georgieva said that the US authorities are very dependent on economic growth to help reduce debt. The IMF believes that economic growth cannot bring about the necessary adjustments fast enough, so some fiscal measures are necessary. Currently, the total debt of the US federal government has exceeded 40 trillion US dollars. The US government's interest expenses for the current fiscal year are expected to be close to 1.2 trillion US dollars. The size of debt continues to expand, and high interest rates drive up debt repayment costs, and the US treasury is facing increasingly heavy interest pressure.
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