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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,

RealClearPolitics · 1d

Treasury Secretary Bessent Accuses IMF And World Bank Of "Mission Creep"

Treasury Secretary Scott Bessent spoke Wednesday to international economists attending IMF and World Bank spring meetings in Washington D.C. this week, telling them the Trump administration wants to overhaul these institutions to create a more "sustainable international economic system.

Just The News · 1d

Treasury Sec Bessent says IMF and World Bank aren’t doing their job

Bessent said that more than 100 countries have approached the U.S. to negotiate trade agreements since the Trump administration’s “Liberation Day” tariff announcements.

1don 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 ...

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 ...

Ireland to Give 141 Million Euros to World Bank Fund for Poorest Countries

WASHINGTON (Reuters) -Ireland will contribute about 141.4 million euros ($161 million)to the World Bank's latest ...

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 ...

Kenya Central Bank is ‘Actively Considering’ Buying Gold

Kenya is considering adding gold to its reserves to diversify its foreign exchange holdings beyond the US dollar and other ...

1hon MSN

Lebanon gets $250 million World Bank loan to ease electricity crisis

BEIRUT — The World Bank will grant Lebanon a $250 million loan that will be used to help ease electricity cuts in the ...

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 ...

15h

Bessent takes aim at the IMF

Sir Keir Starmer and Ursula von der Leyen will on Thursday finalise plans for a new defence pact, US Treasury secretary Scott Bessent has accused the IMF and World Bank of “mission creep” and Boeing ...

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