Washington, April 23, 2025 (AFP) - US Treasury chief says IMF, World Bank must be 'fit for purpose'

NAMPA / AFP

2025-04-23

The International Monetary Fund and the World Bank "must be made fit for purpose again," US Treasury Secretary Scott Bessent said Wednesday, arguing the institutions should be promoting economic growth instead of social issues. Speaking on the sidelines of the organizations' spring meetings in Washington, Bessent said the IMF devotes "disproportionate time" to climate change, gender, and other social topics. "The Trump Administration is eager to......

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