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The International Monetary Fund’s chief, Kristalina Georgieva, warned that Treasury Secretary Scott Bessent’s reliance on growth will not quickly reduce the United States’ mounting debt. At the IMF‑World Bank annual meetings in Bangkok, Georgieva urged fiscal consolidation, noting that the country’s public debt has surpassed forty trillion dollars and exceeds one hundred percent of GDP. Bessent has promoted artificial‑intelligence expansion, reshoring manufacturing, and consumer tax cuts as tools to improve the fiscal posture, but the IMF stresses that spending restraint and revenue reforms are also necessary. The Treasury market has seen yields climb to multidecade highs, reflecting investor concerns that high borrowing costs will persist. The U.S. deficit is projected to top six percent of GDP for the fiscal year ending September thirty‑first, a rise from five point eight percent in fiscal twenty‑twenty‑five. If the debt continues to grow, the Treasury

By Nathan B. | JQJO News