WASHINGTON -- Government spending, particularly in such areas as digital infrastructure and climate action, will be needed for a sustainable recovery from the coronavirus crisis, International Monetary Fund Managing Director Kristalina Georgieva said recently. Tackling debt and deficits -- the IMF's traditional recommendations -- can wait until the world reaches an exit from the health crisis, the Bulgarian chief said.
Fiscal and monetary policy measures by advanced economies have helped improve the outlook for this year, she said at a "virtual roundtable" with Nikkei and other global media outlets.
