IMF's Georgieva says China and other big creditors must work to prevent debt 'explosion'

WASHINGTON (Reuters) – China and other big creditors have a responsibility to protect emerging markets and low-income countries from emerging markets and low-income countries, International Monetary Fund Managing Director Kristalina Georgieva said on Tuesday. The debt problem faced by the outbreak. hosted by Georgieva at the Center for Global Development Said at an event % Emerging Markets and % of low-income countries are in or near debt distress. “My message to the big creditors, China, the private sector is … the bigger your share, the bigger your liability,” she said. “As a creditor, it is in your interest to prevent problems from erupting.”