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IMF Chief Downplays Climate Work

IMF Chief Downplays Climate Work After Bessent Criticism

The head of the International Monetary Fund downplayed its work related to climate change after US Treasury Secretary Scott Bessent called for the lender to return to its core focus as economic stabilizer.

essanews.com on MSN · 18h

IMF chief pledges reform amid new U.S. policy pressures

IMF chief Kristalina Georgieva said on Thursday that the Fund will implement Washington's suggestions regarding its policy. The day before, U.S. Treasury Secretary Scott Bessent criticized the IMF and the World Bank,

Yahoo · 20h

US Treasury chief raised 'important issues' in IMF criticism: Georgieva

US Treasury Secretary Scott Bessent's criticism of the International Monetary Fund raised "a number of important issues" to grapple with, the head of the Washington-based institution said Thursday."He raised a number of important issues and priorities for the institution that I look forward to discussing with the US authorities and the membership as a whole,

IMF, Asia and tariff

Bloomberg · 5h

IMF Says Asia Can Cut Rates to Cushion Economy From Tariff Shock

The International Monetary Fund said Asian central banks generally have room to lower interest rates to support domestic demand and offset the impact of the escalating global trade war, with the region in much stronger shape than before the Asian financial crisis.

Reuters on MSN · 18h

Asian central banks have space to ease rates to soften US tariff hit, IMF official says

Many Asian central banks have room to ease monetary policy to cushion the blow to their economies from U.S. tariffs, a senior International Monetary Fund official said on Thursday, after the fund cut its GDP estimates for the export-driven region.

Yonhap News (English) on MSN · 17h

Asia-Pacific economies more vulnerable to Trump's tariff policy than others: IMF official

Asia-Pacific economies face a greater shock from U.S. President Donald Trump's tariff policy than others as they are highly open and oriented towards trade in goods, and participate more in global supply chains,

IMF, tariffs

The Wall Street Journal on MSN · 1d

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,

USA TODAY · 1d

Global debt crisis looms as tariffs and inflation bite, IMF forecasts

Global public debt peaked in 2020 as governments borrowed heavily for COVID-19 relief. But it has been edging back up, and now it's accelerating.

BBC · 1d

IMF downgrades global growth predictions after Trump tariffs

The IMF cuts forecasts for every major economy and warns that the US could be hardest hit. Also: In Indian-administered Kashmir more than twenty tourists shot dead, and the surge in cosmetic surgery in China.

Bessent demands fixes at IMF and World Bank

Fortune on MSN · 1d

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

Treasury Secretary Scott Bessent, in remarks to the Institute of International Finance on Wednesday, said the two agencies are falling short.

Reuters · 1d

US Treasury's Bessent urges IMF, World Bank to refocus on core missions

U.S. Treasury Secretary Scott Bessent on Wednesday called on the International Monetary Fund and World Bank to refocus on their core missions of macroeconomic stability and development, arguing that they have strayed too far into vanity projects such as climate change that have reduced their effectiveness.

The Washington Post on MSN · 1d

Trump administration says IMF and World Bank are falling short of their missions

The treasury secretary said the Trump administration remains committed to playing a leadership role in the IMF and the World Bank but will “demand that the management and staff of these institutions be accountable for demonstrating real progress.

10hon MSN

IMF focused on stability but will support countries on climate risks, Georgieva says

The International Monetary Fund will stay "laser focused" on preventing balance of payments crises and incorporate the Trump ...

18hon MSN

IMF chief urges countries to move 'swiftly' to resolve trade tensions that threaten global growth

The head of the International Monetary Fund urged countries to move "swiftly'' to resolve trade disputes that threaten global ...

2don MSN

IMF Cuts 2025 US Growth Forecast on Trade Tensions

The International Monetary Fund slashed its U.S. growth forecast from its projection earlier in the year, and also lowered ...

20hon MSN

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 ...

ZAWYA39m

Nigeria must spend wisely amidst pressing needs — IMF

“We understand that many countries, including Nigeria, face pressing spending needs. “But spending must be done wisely, which ...

2don MSN

International Monetary Fund lifts Australian inflation forecast, tips economic growth to slow

Donald Trump’s tariff war will cost the Australian economy $13bn this year, the International Monetary Fund says.

16hon MSN

IMF's Georgieva urges Argentina to 'stay the course' on economic policy

The International Monetary Fund's managing director Kristalina Georgieva said on Thursday that Argentina should not "derail ...

International Monetary Fund2d

Intergovernmental Group of Twenty-Four on International Monetary Affairs and Development

We welcome the steadfast commitment of the International Monetary Fund (IMF) to its core mandate as the center of the Global Financial Safety Net (GFSN) and we look forward to the implementation of ...

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