# IMF chief signals austerity is back as global public debt nears 100% of GDP

https://mins.news/en/item/89272

- euronews, 2026-10-07 08:14 UTC
- Economy
- Original: https://www.euronews.com/2026/10/07/imf-chief-signals-austerity-is-back-as-global-public-debt-heads-for-100-of-gdp

> IMF chief Kristalina Georgieva urged heavily indebted governments to tighten spending and central banks to maintain a hawkish stance, pointing to a return of austerity. The energy shock from the Iran war, record public debt and a credit-fuelled AI investment boom are weighing on the global economy.

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