News

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 ...
Bessent says US will seek reforms of IMF, World Bank
Bessent sharply criticized the IMF and World Bank, saying that “mission creep has knocked these institutions off course.” He ...
Bessent says IMF and World Bank need reform and there’s an ‘opportunity for a big deal’ with China
Treasury Secretary Scott Bessent has played a balancing act trying to reassure nervous investors that the U.S. would maintain ...
Bessent Chides IMF, World Bank as He Says ‘America First Does Not Mean America Alone’
Bessent spoke to the Institute of International Finance as both the International Monetary Fund and World Bank held their ...
Trump administration says IMF, World Bank ‘falling short’ of missions
Treasury Secretary Scott Bessent said the U.S. remains committed to playing a leadership role in the IMF and World Bank but ...
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 ...
World Bank Chief Economist Sounds Alarm on Emerging Market Debt Issues, Urges Liberalization
WASHINGTON (Reuters) - Spiking trade uncertainty is compounding rising debt and sluggish growth problems facing emerging ...
Ethiopian News Agency16m
Ethiopia Participates in Global Sovereign Debt Roundtable during 2025 World Bank-IMF Spring Meetings
The high-level Ethiopian delegation attending the IMF-World Bank 2025 Spring Meetings has participated in the Global ...
Powell Draws Applause on Independence at Closed-Door IMF Meeting
Federal Reserve Chair Jerome Powell used a gathering of finance chiefs from around the world to stress that central banks ...
World Bank energy financing expansion endorsed by development committee
The World Bank's steering committee on Friday endorsed the lender's plans to explore options to expand energy access, ...
Bessent assails IMF and World Bank and says there's an 'opportunity for a big deal' with China
Bessent assails IMF and World Bank and says there's an 'opportunity for a big deal' with China President Donald Trump has ...