Rising unilateralism and economic protectionism are undermining global development and threatening the stability ...

Lebanon is seeking international support to cover an estimated $11 billion in reconstruction costs, as its government ...

The head of International Monetary Fund (IMF) has warned that the chances of global recession will rise if uncertainty over a ...

United States Treasury Secretary Scott Bessent on Wednesday said the heads of the Bretton Woods institutions need to earn the ...

U.S. Treasury Secretary Scott Bessent on Wednesday said IMF chief Kristalina Georgieva and World Bank President Ajay Banga ...

The International Monetary Fund and the World Bank "must be made fit for purpose again," US Treasury Secretary Scott Bessent ...

Global central bankers who have come to view the U.S. Federal Reserve as a source of stability now face an unpredictable ...

It devotes disproportionate time and resources to work on climate change, gender, and social issues,” Bessent said.

The IMF and World Bank serve critical roles in the international system,” Bessent said in prepared remarks. “And the Trump ...

The treasury secretary said the Trump administration remains committed to playing a leadership role in the IMF and the World ...

The meeting was also attended by the Director of the G-24 Secretariat, Iyabo Masha, and other special guests such as Kristalina Georgieva, Managing Director International Monetary Fund and Anna Bjerde ...

As part of the IMF forecasts, growth projections for the world’s richest countries in 2025 have been sharply reduced. In the ...