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IMF: US will definitely avoid default

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IMF: US will definitely avoid default

Its CEO International Monetary Fund (IMF) Kristalina Georgieva said today that she is sure that USA they avoid default.

“History tells us that the US will fight this perception of default… but at least it is being addressed and I am sure we will see this game again,” Georgieva said at the Qatar Economic Forum hosted by Bloomberg. . He added that he hoped for prudence.

At the same time, he said that he does not expect a rapid change in US dollar reserves. Asked about the de-dollarization of the world, Georgieva said: “We don’t expect reserves to change quickly because the reason the dollar is the reserve currency is because of the strength of the US economy and the depth of its capital markets.”

“Don’t say goodbye to your dollars just yet,” Georgieva said.

Source: APE-MEB, Reuters

Author: newsroom

Source: Kathimerini

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