How are the region’s low-income economies navigating the intersection of climate vulnerability and crippling levels of debt?

The spring meetings of the International Monetary Fund and World Bank begin this week with a goal of keeping a low profile, ...

President Donald Trump on Friday asked Congress to approve $3.2 billion in contributions to the World Bank's International ...

Global finance leaders came to Washington this past week seeking clarity on what it would take to get some relief from ...

Treasury Secretary Scott Bessent is testifying Wednesday before the House Financial Services Committee on the state of ...

WASHINGTON (AP) — Treasury Secretary Scott Bessent leveled harsh criticism at the operations of the World Bank and the International Monetary Fund on Wednesday even as he tried to reassure nervous ...

Treasury Secretary Scott Bessent spoke Wednesday to international economists attending the International Monetary Fund (IMF) and World Bank spring meetings in Washington D.C. this week, telling ...

Treasury Secretary Scott Bessent called for a course correction for the International Monetary Fund and World Bank, while saying they serve “critical roles” and the Trump administration is willing to ...

The 180-day review of international organizations, initiated via executive order, is ongoing. Sources tell me that the U.S. Treasury Department is actively involved, but the administration’s ultimate ...

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