The International Monetary Fund believes that the US cannot resolve its rising debt and fiscal deficits fast enough by economic growth alone; other measures are needed. IMF Managing Director Georgieva said on Wednesday: “The US government is very dependent on strong economic growth. Growth will certainly help, but it won't bring the necessary adjustments fast enough.” “It is necessary to take some measures,” she said during the annual meetings of the IMF and World Bank in Bangkok.

The International Monetary Fund believes that the US cannot resolve its rising debt and fiscal deficits fast enough by economic growth alone; other measures are needed. IMF Managing Director Georgieva said on Wednesday: “The US government is very dependent on strong economic growth. Growth will certainly help, but it won't bring the necessary adjustments fast enough.” “It is necessary to take some measures,” she said during the annual meetings of the IMF and World Bank in Bangkok.