And it's also producing a growth in debt to the United States that will weight very heavily in a country that has to address issues like having more old people to be covered by Social Security or by pension in the future.
More Quotes from Rodrigo Rato:
Because forgiveness is attached to a procedure of policy. The world countries decided to forgive very low-income countries of the debt.Rodrigo Rato
Alleviation of that debt will help achieve a substantial poverty reduction.
Rodrigo Rato
oil prices have become certainly a threat to the world economy.
Rodrigo Rato
These measures would take some time to have their full effect, but taking them would help calm the oil market.
Rodrigo Rato
So the American economy needs the world, and the world needs the American economy.
Rodrigo Rato
We see the world economy growing faster than we expected in September.
Rodrigo Rato
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