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Capitalism

January 15, 2021 - Reuters

'Spend as much as you can,' IMF head urges governments worldwide

'Spend as much as you can,' IMF head urges governments worldwide
Kristalina Georgieva, IMF Managing DirectorCredit: Kristalina Georgieva / Twitter

MOSCOW (Reuters) - Policymakers worldwide should embrace more spending to help revive their stuttering economies, the head of the International Monetary Fund said on Friday at Russia’s annual Gaidar economic forum.

Managing Director Kristalina Georgieva did not give any specific economic forecasts, but made clear her desire for governments to up their spending and that a synchronised approach internationally was best for growth.

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