IMF chief slams’ cowardice to make ‘tough political choices’ on AI, national debt: ‘you have the tools, now have the wisdom’

image

Countries both rich and poor must take faster action to cut debt and counter growing inequality as their economies weather a triple whammy from the artificial intelligence boom, heavy borrowing and shocks from wars in the Middle East and Ukraine, the head of the IMF said Wednesday.

“Some very tough political choices stare us in the face,” IMF Managing Director Kristalina Georgieva said in a speech in Singapore ahead of autumn IMF-World Bank meetings to be held in Bangkok next week.

“My message to the world’s economic policymakers next week will be this: we cannot keep

This post was originally published on this site

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top