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IMF: Pisenti's growth plans insufficient to reduce deficits
The Managing Director of the International Monetary Fund warned that the US Treasury Secretary Scott Bessent's plan, which relies on economic growth to curb the US deficit and national debt, is insufficient on its own. She emphasized that both the federal deficit and debts have reached very high levels, making it necessary to implement fiscal measures to improve financial balance and reduce debt, rather than relying solely on growth. It is worth noting that the US federal debt has surpassed 100% of GDP, with a debt burden exceeding $40 trillion, reaching an unprecedented level that threatens the financial stability of the United States.
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