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Bessent says IMF and World Bank need reform and there’s an ‘opportunity for a big deal’ with China
Treasury Secretary Scott Bessent has played a balancing act trying to reassure nervous investors that the U.S. would maintain ...
U.S. Calls for Sweeping Reforms to I.M.F. and World Bank
Treasury Secretary Scott Bessent argued in a speech that the multilateral economic institutions have veered away from their ...
IMF's Georgieva, World Bank's Banga need to earn Trump administration's trust, Bessent says
U.S. Treasury Secretary Scott Bessent on Wednesday said IMF chief Kristalina Georgieva and World Bank President Ajay Banga ...
Bessent says US will seek reforms of IMF, World Bank
Bessent sharply criticized the IMF and World Bank, saying that “mission creep has knocked these institutions off course.” He ...
Trump administration says IMF, World Bank ‘falling short’ of missions
Treasury Secretary Scott Bessent said the U.S. remains committed to playing a leadership role in the IMF and World Bank but ...
Bessent Chides IMF, World Bank as He Says ‘America First Does Not Mean America Alone’
Bessent spoke to the Institute of International Finance as both the International Monetary Fund and World Bank held their ...
IMF chief urges countries to move ‘swiftly’ to resolve trade tensions that threaten global growth
The IMF leader warned that the economic fallout from trade conflict would fall most heavily on poor countries.
US Treasury Secretary says IMF and World Bank need reform
Treasury Secretary Scott Bessent said the institutions “serve critical roles in the international system. And the Trump ...
IMF to help Syria rebuild institutions, re-enter world economy, Georgieva says
The International Monetary Fund plans to work with Syria to help it reintegrate into the global economy, IMF chief Kristalina ...
Ireland to give $200m to World Bank fund for poorest countries
WASHINGTON - Ireland will contribute about 141.4 million euros ($161 million)to the World Bank's latest replenishment of its ...