She spoke about this during her speech at a videoconference at the spring session of the governing bodies of the Fund and the World Bank.

“We have entered a highly indebted pandemic.

For obvious reasons, this level has increased.

Revenues have shrunk and expenses have increased.

Today, the global national debt is approaching 100% of [world] GDP, ”TASS quoted her as saying.

At the same time, she added that the public debt increased mainly due to the developed countries.

At the same time, Georgieva stressed that the capabilities of developed countries "to service debt are much higher" than those of developing countries. 

Earlier, the IMF revised its forecast for the world economy.