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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.
U.S. Treasury Secretary Scott Bessent on Wednesday said IMF chief Kristalina Georgieva and World Bank President Ajay Banga ...
Given big cuts in development aid by Europe and the United States, think tanks and other groups are urging the World Bank to ...
WASHINGTON: The US has warned the International Monetary Fund and World Bank to drop what it sees as sprawling and unfocused ...
The World Bank on Wednesday cut its 2025 economic growth forecast for Latin America and the Caribbean to 2.1% from its ...
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Earn Trump administration’s confidence – US Treasury Secretary Bessent urges IMF, World Bank leadersUnited States Treasury Secretary Scott Bessent on Wednesday said the heads of the Bretton Woods institutions need to earn the ...
Lebanon is seeking international support to cover an estimated $11 billion in reconstruction costs, as its government ...
The World Bank on Wednesday added four top executives, including Bayer AG CEO Bill Anderson and Hyatt Hotels CEO Mark ...
The revised projection comes as the global economy faces mounting uncertainty and geopolitical pressures, which are likely to ...
Treasury Secretary Scott Bessent reassured a room full of representatives from the finance industry that, despite President Trump's trade war, the United States wants to work with its allies. "On this ...
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