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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 Bank of Japan should be flexible and data-dependent in proceeding with any further interest-rate hikes as US tariffs ...
Treasury Secretary Scott Bessent said the U.S. remains committed to playing a leadership role in the IMF and World Bank but ...
In its latest Fiscal Monitor briefing, the International Monetary Fund warned that escalating global uncertainty from rising ...
The International Monetary Fund warned that global public borrowing will likely surge this year as trade tensions triggered ...
U.S. Treasury Secretary Scott Bessent on Wednesday said IMF chief Kristalina Georgieva and World Bank President Ajay Banga ...
Higher tariffs and heightened geopolitical tensions may push government debts to new highs over the coming years, making the ...
Treasury Secretary Scott Bessent said Wednesday that the International Monetary Fund and the World Bank are guilty of ...
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 ...
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