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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.
Treasury Secretary Scott Bessent argued in a speech that the multilateral economic institutions have veered away from their ...
Global financial leaders on Wednesday launched a blueprint for emerging-market debt restructurings, an effort to streamline a ...
More work is needed to improve the sovereign debt restructuring process and help countries facing mounting debt service ...
The treasury secretary said the Trump administration remains committed to playing a leadership role in the IMF and the World ...
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 ...
The International Monetary Fund slashed its U.S. growth forecast from its projection earlier in the year, and also lowered ...
Global central bankers who have come to view the U.S. Federal Reserve as a source of stability now face an unpredictable ...
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