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IMF chief urges indebted economies to strengthen finances and diversify trade

IMF chief urges indebted economies to strengthen finances and diversify trade

IMF chief Kristalina Georgieva called stability the first line of defense at an IMF event in Bangkok.

She said economic and financial stability helps protect countries.

Her remarks focused on debt-laden advanced economies, which she urged to put their fiscal house in order.

That means improving how they manage public finances.

Georgieva also urged them to choose trade diversification over protectionism.

Her message was to strengthen finances and broaden trade rather than rely on protectionist measures.

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Kristalina GeorgievaIMF chief
Economic and financial stability is your first line of defense
via Bloomberg

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