IMF urges U.S. to reduce high fiscal deficit, put debt on downward trajectory

WASHINGTON, July 11 (Xinhua) -- The International Monetary Fund (IMF) on Thursday urged the U.S. government to reduce its high fiscal deficit and to put debt on a downward trajectory, reiterating the organization's suggestion following the completion of the IMF staff's recent 2024 Article IV Mission to the country.

"Action is needed by the United States to reduce its high fiscal deficit and to put debt on a down