The Aporia
Kurtenbach, E. (2026, October 14). IMF chief urges the US and other wealthy nations to rein in debt to ease global economic pressure. Toronto Star. https://www.thestar.com/news/world/imf-chief-urges-the-us-and-other-wealthy-nations-to-rein-in-debt-to-ease-global-economic-pressure/article_ade1d3f0-d41d-54bb-83ed-b103f6b193ba.html
Kurtenbach, Elaine. “IMF chief urges the US and other wealthy nations to rein in debt to ease global economic pressure.” Toronto Star, 14 Oct. 2026, https://www.thestar.com/news/world/imf-chief-urges-the-us-and-other-wealthy-nations-to-rein-in-debt-to-ease-global-economic-pressure/article_ade1d3f0-d41d-54bb-83ed-b103f6b193ba.html.
Kurtenbach, Elaine. “IMF chief urges the US and other wealthy nations to rein in debt to ease global economic pressure.” Toronto Star, October 14, 2026. https://www.thestar.com/news/world/imf-chief-urges-the-us-and-other-wealthy-nations-to-rein-in-debt-to-ease-global-economic-pressure/article_ade1d3f0-d41d-54bb-83ed-b103f6b193ba.html.
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The IMF chief, Kristalina Georgieva, urged wealthy nations like the US to address their rising debt levels, which she says are putting pressure on low-income countries and destabilizing the global financial system. Speaking at a meeting in BANGKOK, Georgieva acknowledged that U.S. Treasury Secretary Scott Bessent and other U.S. leaders recognize the federal deficit and national debt have become too high, but emphasized that economic growth alone would not be enough to tackle a national debt exceeding $40 trillion.