"We are racing, and the question is how do we put barriers? So if a car was to fly out it doesn't kill people," IMF Managing Director Kristalina Georgieva said.
The bill's passage is a condition for unlocking an approximately $700 million IMF tranche and 3.7 billion euros ($4.1 billion) in EU macro-financial assistance.
The U.S. and other wealthy nations need to urgently tackle mounting global debt levels that are weighing most heavily on low-income countries and straining the global financial system, the head of the International Monetary Fund said Wednesday.
Rising bond yields have been a warning sign for financial markets in recent months amid the Iran war's risk to global economies, and the IMF says those risks are more of a concern.
Rising bond yields have been a warning sign for financial markets in recent months amid the Iran war's risk to global economies, and the IMF says those risks are more of a concern.