(L-R) Rodrigo Valdes, Director of the IMF Fiscal Affairs Department, Era Dabla-Norris, Deputy Director of the Fiscal Affairs Department at the International Monetary Fund (IMF) and Davide Furceri, Division Chief at the IMF Fiscal Affairs Department, take questions at a Fiscal Monitor press briefing during the 2026 IMF-World Bank Group Annual Meetings at the Queen Sirikit National Convention Center (QSNCC) in Bangkok on October 14, 2026. (Photo by ANTHONY WALLACE / AFP via Getty Images)

Davide Furceri, Division Chief at the IMF Fiscal Affairs Department, answers a question at a Fiscal Monitor press briefing during the 2026 IMF-World Bank Group Annual Meetings at the Queen Sirikit National Convention Center (QSNCC) in Bangkok on October 14, 2026. (Photo by ANTHONY WALLACE / AFP via Getty Images)

Era Dabla-Norris, Deputy Director of the Fiscal Affairs Department at the International Monetary Fund (IMF), speaks during a media interview on the opening day of the 2026 Annual Meetings of the International Monetary Fund (IMF) and the World Bank Group (WBG) at the Queen Sirikit National Convention Center (QSNCC) in Bangkok on October 12, 2026. The International Monetary Fund on October 14 called for advanced economies to "act now" to address ballooning debt, with spiking bond yields at multi-decade highs and pressure growing on central banks to hike interest rates. (Photo by Panumas Sanguanwong / AFP via Getty Images) / To go with 'IMF-ECONOMY-DEBT-G7-BONDS,INTERVIEW' by Asad HASHIM and Julien GIRAULT

Era Dabla-Norris, Deputy Director of the Fiscal Affairs Department at the International Monetary Fund (IMF), poses for a photo alongside a media interview on the opening day of the 2026 Annual Meetings of the International Monetary Fund (IMF) and the World Bank Group (WBG) at the Queen Sirikit National Convention Center (QSNCC) in Bangkok on October 12, 2026. The International Monetary Fund on October 14 called for advanced economies to "act now" to address ballooning debt, with spiking bond yields at multi-decade highs and pressure growing on central banks to hike interest rates. (Photo by Panumas Sanguanwong / AFP via Getty Images) / To go with 'IMF-ECONOMY-DEBT-G7-BONDS,INTERVIEW' by Asad HASHIM and Julien GIRAULT

Era Dabla-Norris, Deputy Director of the Fiscal Affairs Department at the International Monetary Fund (IMF), speaks during a media interview on the opening day of the 2026 Annual Meetings of the International Monetary Fund (IMF) and the World Bank Group (WBG) at the Queen Sirikit National Convention Center (QSNCC) in Bangkok on October 12, 2026. The International Monetary Fund on October 14 called for advanced economies to "act now" to address ballooning debt, with spiking bond yields at multi-decade highs and pressure growing on central banks to hike interest rates. (Photo by Panumas Sanguanwong / AFP via Getty Images) / To go with 'IMF-ECONOMY-DEBT-G7-BONDS,INTERVIEW' by Asad HASHIM and Julien GIRAULT

Era Dabla-Norris, Deputy Director of the Fiscal Affairs Department at the International Monetary Fund (IMF), speaks during a media interview on the opening day of the 2026 Annual Meetings of the International Monetary Fund (IMF) and the World Bank Group (WBG) at the Queen Sirikit National Convention Center (QSNCC) in Bangkok on October 12, 2026. The International Monetary Fund on October 14 called for advanced economies to "act now" to address ballooning debt, with spiking bond yields at multi-decade highs and pressure growing on central banks to hike interest rates. (Photo by Panumas Sanguanwong / AFP via Getty Images) / To go with 'IMF-ECONOMY-DEBT-G7-BONDS,INTERVIEW' by Asad HASHIM and Julien GIRAULT

Era Dabla-Norris, Deputy Director of the Fiscal Affairs Department at the International Monetary Fund (IMF), speaks during a media interview on the opening day of the 2026 Annual Meetings of the International Monetary Fund (IMF) and the World Bank Group (WBG) at the Queen Sirikit National Convention Center (QSNCC) in Bangkok on October 12, 2026. The International Monetary Fund on October 14 called for advanced economies to "act now" to address ballooning debt, with spiking bond yields at multi-decade highs and pressure growing on central banks to hike interest rates. (Photo by Panumas Sanguanwong / AFP via Getty Images) / To go with 'IMF-ECONOMY-DEBT-G7-BONDS,INTERVIEW' by Asad HASHIM and Julien GIRAULT

Era Dabla-Norris, Deputy Director of the Fiscal Affairs Department at the International Monetary Fund (IMF), takes part in a media interview on the opening day of the 2026 Annual Meetings of the International Monetary Fund (IMF) and the World Bank Group (WBG) at the Queen Sirikit National Convention Center (QSNCC) in Bangkok on October 12, 2026. The International Monetary Fund on October 14 called for advanced economies to "act now" to address ballooning debt, with spiking bond yields at multi-decade highs and pressure growing on central banks to hike interest rates. (Photo by Panumas Sanguanwong / AFP via Getty Images) / To go with 'IMF-ECONOMY-DEBT-G7-BONDS,INTERVIEW' by Asad HASHIM and Julien GIRAULT