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Bessent Chides IMF, World Bank

Scott Bessent says the World Bank and IMF need a total overhaul: ‘Mission creep has knocked these institutions off course’

Scott Bessent called for sweeping change at the World Bank and International Monetary Fund, claiming they needed to reconnect with their missions, faulting their dealings with China. Treasury Secretary Scott Bessent,

Associated Press News · 1h

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.

Yahoo · 1h

Bessent criticizes IMF, World Bank as China tariffs grim outlook persists

Treasury Secretary Scott Bessent blasted the International Monetary Fund and the World Bank as worries over President Trump's tariffs persist. CBS MoneyWatch correspondent Kelly O'Grady reports.

IMF Warns of New Global Debt Surge

Reuters on MSN · 5h

IMF says tariff pressures to push global public debt past pandemic levels

Economic pressures from steep new U.S. tariffs will push global public debt above pandemic-era levels to nearly 100% of global GDP by the end of the decade as slower growth and trade strain government budgets,

Wall Street Journal · 5h

IMF Warns Against Support for Tariff-Hit Businesses as Government Debts Surge

Higher tariffs and heightened geopolitical tensions may push government debts to new highs over the coming years, making the need for policymakers to outline robust plans for containing the surge more pressing,

Bloomberg L.P. · 6h

IMF Warns of New Global Debt Surge as Economic Growth Weakens

The International Monetary Fund warned that global public borrowing will likely surge this year as trade tensions triggered by the US lead to slower economic growth and more volatility on financial markets.

IMF, Global financial and World Economic Outlook

Reuters on MSN · 1d

IMF says financial stability risks increased significantly amid trade turmoil

Global financial stability risks have increased significantly since the fall, driven largely by heightened economic uncertainty around trade policy and other geopolitical factors, the International Monetary Fund cautioned Tuesday.

Barron's on MSN · 1d

IMF Warns of ‘Significant’ Risk to Financial Stability, Lowers Global Growth Outlook

The swift escalation of trade tensions and extremely high levels of policy uncertainty are expected to have a significant impact on global economic activity,” IMF wrote. Rele

The Herald on MSN · 11h

IMF: Heightened economic policy uncertainty significantly increases financial stability risk

Global banking and financial markets are calm with low volatility as central banks have begun easing rates after bringing inflation back near target, the IMF said in Washington, DC Monday (April 21)“Our assessment is that the global financial stability risk has increased significantly due to heightened economic policy uncertainty and rising market volatility.

IMF chops UK growth forecast

The Washington Post on MSN · 1d

IMF says Trump’s tariffs will be a drag on global economic growth

Trump’s tariffs are forecast to slow the global economy sharply this year, the International Monetary Fund said.

BBC · 1d

IMF: US growth forecast to be hit from tariffs

The US is forecast to be hit the hardest among advanced economies because of uncertainty caused by tariffs, the IMF says. Growth is now expected to be 1.8% this year, down from the IMF's estimate of 2.

Reuters · 23h

IMF cuts growth forecasts for most countries in wake of century-high US tariffs

The International Monetary Fund on Tuesday slashed its growth forecasts for the United States, China and most countries, citing the impact of U.S. tariffs now at 100-year highs and warning that rising trade tensions would further slow growth.

31mon MSN

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 ...

1hon MSN

Bessent Says US Backs IMF and World Bank, While Calling for Reforms

Treasury Secretary Scott Bessent called for a course correction for the International Monetary Fund and World Bank, while ...

Trump tariffs live updates: Treasury secretary criticizes IMF, World Bank

ABC News's Mary Bruce asked Trump if he agreed with Treasury Secretary Scott Bessent who suggested that the current standoff ...

European Central Bank should only cut interest rates once more this year, IMF Europe head says

The ECB should hold its key rate at 2% from the summer barring major shocks, Alfred Kammer, director of the European ...

22m

IMF Issues Playbook for Faster Sovereign Debt Restructurings

Global financial leaders on Wednesday launched a blueprint for emerging-market debt restructurings, an effort to streamline a ...

IMF Appoints First Mission Chief to Syria in 14 Years

BEIRUT (Reuters) - The International Monetary Fund has appointed Ron van Rooden as head of its mission to Syria, Syria's ...

Legit.ng on MSN5h

IMF Apologises to Nigeria Over Comments on Impact of Tinubu’s Reforms on the Poor

Kristalina Georgieva, the managing director of the International Monetary Fund(IMF), has reportedly apologised to Nigeria ...

US Treasury chief says IMF, World Bank must be 'fit for purpose'

The International Monetary Fund and the World Bank "must be made fit for purpose again," US Treasury Secretary Scott Bessent ...

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Bessent Chides IMF, World Bank

IMF Warns of New Global Debt Surge

IMF, Global financial and World Economic Outlook

IMF chops UK growth forecast

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