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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.
Treasury Secretary Scott Bessent argued in a speech that the multilateral economic institutions have veered away from their ...
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Although Bessent said the IMF and the World Bank are “falling short,” he did not call for the U.S. to withdraw from the ...
The World Bank on Wednesday cut its 2025 economic growth forecast for Latin America and the Caribbean to 2.1% from its ...
Bessent spoke to the Institute of International Finance as both the International Monetary Fund and World Bank held their ...
Treasury Secretary Scott Bessent, in remarks to the Institute of International Finance on Wednesday, said the two agencies ...
Lebanon has been granted a $250 million loan from the world bank to address the electricity issue in the country, a finance ...
The I.M.F. and World Bank are holding their spring meetings as President Trump’s trade war upends the global economy.
The bank’s messaging on climate represents a delicate balancing act between the institution and the U.S., its largest ...
The Ghana Cedi has depreciated by about 4.0% to the US dollar so far in 2025, the World Bank April 2025 Africa Pulse Report ...
Bangladesh and the World Bank on Wednesday signed two financing agreements worth $850 million to strengthen the South Asian ...
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