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Treasury secretary criticizes IMF, World Bank

US Treasury Secretary says IMF and World Bank need reform

Treasury Secretary Scott Bessent said the institutions “serve critical roles in the international system. And the Trump administration is eager to work with them — so long as they can stay true to their missions.

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ABC · 15h

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

Trump's trade war with China continues to rage on, with China slamming the U.S. for coercion and threats, while Trump brushed off concerns and promised to be "nice." President Donald Trump spoke to reporters at the North Lawn Wednesday morning,

The Financial Times · 19h

IMF predicts Trump tariffs could drive public debt to postwar high

Vítor Gaspar, the director of the IMF’s fiscal affairs department, said the fund’s current worst-case scenario — with public debt rising from 92.3 per cent of global output to 117 per cent by 2027 — could even prove too optimistic if trade tensions intensify.

IMF, Global and tariff

Reuters · 20h

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,

The Wall Street Journal on MSN · 6h

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 · 10h

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.

IMF cuts growth forecasts for most countries

Reuters · 1d

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.

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.

The Washington Post · 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.

14hon MSN

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 ...

12hon 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 ...

9hon MSN

Uncertainty expands debt in developing countries, IMF warns

In its latest Fiscal Monitor briefing, the International Monetary Fund warned that escalating global uncertainty from rising ...

16hon MSN

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 ...

9hon MSN

IMF expects BOJ to delay further rate hikes due to tariff uncertainty

The Bank of Japan is likely to push back the timing of further interest rate hikes as uncertainty triggered by U.S. tariffs ...

9hon MSN

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 ...

13hon MSN

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 ...

15hon MSN

Bessent says US will seek reforms of IMF, World Bank

Treasury Secretary Scott Bessent said Wednesday that the Trump administration planned to pursue reforms at the International ...

21h

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 ...

12hon MSN

IMF Urges BOJ Flexibility on Tightening as Trump Dents Outlook

The Bank of Japan should be flexible and data-dependent in proceeding with any further interest-rate hikes as US tariffs ...

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Treasury secretary criticizes IMF, World Bank

IMF, Global and tariff

IMF cuts growth forecasts for most countries

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