The head of the International Monetary Fund (IMF), Kristalina Georgieva, said the US would not allow a default as it would undermine the credibility of government bonds. It has been reported TASS.
“If there was a default in the US, who would want to buy US government bonds in the future, who would want to use the dollar as a reserve if it did happen?” – said Georgieva, emphasizing that the US authorities cannot allow a default.
The head of the IMF said that the US dollar stabilizes the world and noted that in the past the US has successfully avoided default. According to Georgieva, similar measures should be taken by Washington in the summer of 2023.
Former US President Joe Biden He insisted Congress agreed to raise the US debt ceiling. Now the level of US public debt is close to 99.8% of the country’s GDP.