Banks Warn Governments: Your Money Is Running Out
📡 Bloomberg Markets · 1 min read ·
Part of composite article Global Finance Leaders Meet in Bangkok as Inflation, AI, and Climate Crisis Dominate IMF-World Bank Talks View full article →
Governments are running out of fiscal room to maneuver, according to a top banking executive.
Stephanie von Friedeburg, Head of the Public Sector Group at Citi, said this is a pressing concern for governments and central banks worldwide.
She spoke with Avril Hong on the sidelines of the IMF and World Bank Annual Meetings in Bangkok.
The meetings bring together global financial leaders to address the most urgent economic challenges facing member countries.