https://www.live-feeds.com/feed/scott-bessent-s-growth-plans-aren-t-enough-to-tame-surging-deficit-and-debt-pile-imf-chief-saysContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/scott-bessent-s-growth-plans-aren-t-enough-to-tame-surging-deficit-and-debt-pile-imf-chief-sayshttps://www.live-feeds.com/feed/scott-bessent-s-growth-plans-aren-t-enough-to-tame-surging-deficit-and-debt-pile-imf-chief-says#u130278Sun, 18 Oct 2026 02:56:31 +0000IMF Managing Director Kristalina Georgieva stated that Treasury Secretary Scott Bessent's reliance on economic growth is insufficient to reduce the US deficit and $40 trillion debt pile quickly enough. Georgieva is calling for fiscal consolidation to address these financial pressures. This warning comes as Treasury yields remain near multidecade highs and the IMF urges wealthy nations to rein in debt to alleviate global economic pressure. The IMF also warned governments against relying on short-term debt as top economies face their largest budget deficits since the Covid pandemic.Why it m