💨 Abstract

The International Monetary Fund (IMF) head, Kristalina Georgieva, advised G20 countries to put public debt on a sustainable path and rebuild fiscal buffers. She emphasized the importance of promoting efficient public spending and reducing red tape, increasing competition, and encouraging entrepreneurship for productivity growth. Georgieva also addressed the urgent need to address debt challenges and improve the predictability and timeliness of restructuring processes.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖