IMF chief Kristalina Gorgieva warned that high debt and low growth remain major obstacles to the global economy.
In an interview with CNBC, Georgiva said that while significant progress has been made in the global economic recovery, governments have become very accustomed to borrowing, with “mean growth” adding trouble to the challenges of serving this debt.
“It’s not time to celebrate yet,” she said. She added: “When we look at the challenges ahead, the biggest one is low growth and high debt. That’s where we can and should get better.”
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