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Economy

‘Sizable’ stimulus needed from the United States, IMF managing director urges

IMF leader Kristalina Georgieva backed more aid as the pandemic has gone ‘from bad to worse.’

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January 14, 2021 at 4:00 p.m. EST
Kristalina Georgieva, managing director of the International Monetary Fund, is seen in January 2020. (Simon Dawson/Bloomberg)

International Monetary Fund Managing Director Kristalina Georgieva is urging the United States to go big on additional stimulus to aid the economy as the pandemic rages and to ensure low-income workers are not left behind.

“We do need more stimulus. In the United States, fortunately, there is fiscal space to do so," Georgieva told The Washington Post, adding that she favored “sizable support."