Item 1 of 2 The World Bank logo is seen at the 2023 Spring Meetings of the World Bank Group and the International Monetary Fund in Washington, U.S., April 13, 2023.

The IMF and World Bank have faced criticism for moving too slowly to account for the effects of climate change on economic growth and stability. Activists in and leaders of developing countries ...

Joint Statement of the IMF Managing Director and of the World Bank President. WASHINGTON, September 7, 2023—Kristalina Georgieva, Managing Director of the International Monetary Fund, and Ajay Banga, ...

The IMF and what is now known as the World Bank Group were created at a conference in Bretton Woods, New Hampshire, in July 1944 to be key institutions of a postwar international monetary system.

“The IMF and World Bank have enduring value, but mission creep has knocked these institutions off course,” Bessent said. The two are falling short, he said, and need reform.

IMF, World Bank meet as calls for reform grow louder. By Sara Schonhardt | 04/10/2023 06:23 AM EDT . The spring meetings of the World Bank Group and the International Monetary Fund are set to take ...

The International Monetary Fund and the World Bank hosted their annual meetings in Washington this week, on the 80th anniversary of their foundation at the 1944 Bretton Woods Conference in New ...

U.S. Treasury Secretary Scott Bessent on Wednesday said IMF chief Kristalina Georgieva and World Bank President Ajay Banga are both good leaders but must earn the Trump administration's trust by ...

Although Bessent said the IMF and the World Bank are “falling short,” he did not call for the U.S. to withdraw from the institutions, as some conservatives had advocated in a Project 2025 ...

As government officials gather in Washington DC next week for the International Monetary Fund (IMF) and World Bank Annual Meetings, social security systems around the world are at risk.

Reuters. The World Bank logo is seen at the 2023 Spring Meetings of the World Bank Group and the International Monetary Fund in Washington, U.S., April 13, 2023.