International Monetary Fund (IMF) Managing Director Kristalina Georgieva warned that US Treasury Secretary Scott Bessent's reliance on economic growth alone would not be enough to quickly reduce the country's deficit and its $40 trillion debt pile, calling for additional fiscal consolidation measures. Georgieva made the remarks at a panel during the IMF-World Bank annual meetings in Bangkok. The IMF forecasts US growth at 2.3% for both 2026 and 2027, projecting government debt to reach 142% of GDP by 2031. Benchmark 10-year US Treasury yields were around 5.2% on Wednesday.