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Scott Bessent's growth plans aren't enough to tame surging deficit and debt pile, IMF chief says

Source: CNBC

Fiscal Policy & BudgetSovereign Debt & Ratings

IMF chief Kristalina Georgieva said growth alone will not reduce the U.S. deficit and $40 trillion debt quickly enough, criticizing Bessent’s approach and calling for fiscal consolidation. The article provides no specific policy details or market reaction.

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