IMF’s Gopinath would not stare a world sovereign debt disaster yet

IMF's Gopinath does not see a global sovereign debt crisis yet© Reuters. FILE PHOTO: Financial Counsellor and Director of the Overview Department at the World Monetary Fund (IMF) Gita Gopinath speaks accurate through an interview with Reuters within the Alpine resort of Davos, Switzerland Also can 23, 2022. REUTERS/Arnd Wiegmann

DAVOS, Switzerland (Reuters) – While authorities debt levels are hiking around the field, with debt burdens in emerging markets rising at the moment, up to now there isn’t evidence of a systemic debt disaster, however there are risks ahead, World Monetary Fund First Deputy Managing Director Gita Gopinath said on Wednesday.

“As yet we originate not stare a systemic sovereign debt disaster,” she told a panel at the World Financial Forum right here, however the threat ahead is “salient.”

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