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Bessent says IMF and World Bank 'falling short' as he calls for rebalancing of international financial system
Treasury Secretary Scott Bessent said Wednesday that the International Monetary Fund and the World Bank are guilty of 'mission creep' as he asked them to refocus efforts on helping the US restore balance to the international economic system.
Bessent targets IMF and World Bank, says they are ‘falling short’ because of ‘mission creep’
Treasury Secretary Scott Bessent leveled harsh criticism at the World Bank and International Monetary Fund Wednesday, saying "mission creep" and devoting "disproportionate time" to climate change, gender and social issues has caused the institutions to fall short.
The International Monetary Fund warned that global public borrowing will likely surge this year as trade tensions triggered ...
Donald Trump’s tariff plans have increased the risks to public finances, the International Monetary Fund said Wednesday, ...
Treasury Secretary Scott Bessent took aim at the International Monetary Fund during a Wednesday speech at the Institute of International Finance. "The IMF has suffered from mission creep. The IMF was ...
Donald Trump's tariff plans have increased the risks to public finances, the International Monetary Fund said Wednesday, ...
The IMF said that the global economy will grow just 2.8% this year, down from its forecast in January of 3.3%, according to ...
Higher tariffs and heightened geopolitical tensions may push government debts to new highs over the coming years, making the ...
Use precise geolocation data and actively scan device characteristics for identification. This is done to store and access ...
We welcome the steadfast commitment of the International Monetary Fund (IMF) to its core mandate as the center of the Global Financial Safety Net (GFSN) and we look forward to the implementation of ...
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