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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.
It devotes disproportionate time and resources to work on climate change, gender, and social issues,” Bessent said.
Treasury Secretary Scott Bessent, in remarks to the Institute of International Finance on Wednesday, said the two agencies ...
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In its latest Fiscal Monitor briefing, the International Monetary Fund warned that escalating global uncertainty from rising ...
The International Monetary Fund on Tuesday slashed its growth forecasts for the United States, China and most countries, ...
The International Monetary Fund warned that global public borrowing will likely surge this year as trade tensions triggered ...
Higher tariffs and heightened geopolitical tensions may push government debts to new highs over the coming years, making the ...
Economic pressures from steep new U.S. tariffs will push global public debt above pandemic-era levels to nearly 100% 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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