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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.
Scott Bessent called for sweeping change at the World Bank and International Monetary Fund, claiming they needed to reconnect ...
The Bank of Japan should be flexible and data-dependent in proceeding with any further interest-rate hikes as US tariffs ...
It devotes disproportionate time and resources to work on climate change, gender, and social issues,” Bessent said.
1hon MSN
Treasury Secretary Scott Bessent has assailed the International Monetary Fund and the World Bank even as he tries to reassure ...
Global financial leaders on Wednesday launched a blueprint for emerging-market debt restructurings, an effort to streamline a ...
The International Monetary Fund on Tuesday slashed its growth forecasts for the United States, China and most countries, ...
Higher tariffs and heightened geopolitical tensions may push government debts to new highs over the coming years, making the ...
TaiwanPlus on MSN2h
Taiwan Zeroes In on U.S. Energy While IMF Raises Growth Forecast - TaiwanPlus NewsPresident Lai Ching-te continues to call for more purchases of U.S. natural gas and oil as Taipei looks to negotiate a ...
Economic pressures from steep new U.S. tariffs will push global public debt above pandemic-era levels to nearly 100% of ...
Treasury Secretary Scott Bessent took aim at the International Monetary Fund during a Wednesday speech at the Institute of International Finance. "The IMF has suffered from mission creep. The IMF was ...
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