IMF’s Gopinath does not see a global sovereign debt crisis yet -Breaking
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© Reuters. FILE PHOTO: Gita, the Economic Counsellor and Director at the International Monetary Fund’s Research Department (IMF), talks to Reuters about her experience as an economic counselor in Davos. This interview was conducted May 23rd 2022. REUTERS/Arnd WiegmannDAVOS. Switzerland (Reuters). Despite rising levels of government debt around the world and growing debt burdens in emerging countries, there is no indication that there will be a major debt crisis. Gita, International Monetary Fund First Deputy Managing Direct Gita, stated Wednesday.
According to her, “At this time we do not perceive a systemic sovereign credit crisis,” but she said that the danger ahead was “salient.”
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