The head of the International Monetary Fund downplayed its work related to climate change after US Treasury Secretary Scott Bessent called for the lender to return to its core focus as economic stabilizer.

US Treasury Secretary Scott Bessent's criticism of the International Monetary Fund raised "a number of important issues" to grapple with, the head of the Washington-based institution said Thursday."He raised a number of important issues and priorities for the institution that I look forward to discussing with the US authorities and the membership as a whole,

IMF Chief Kristalina Georgieva stated on Thursday that the Fund will implement Washington's suggestions regarding its policy. The day before, U.S. Treasury Secretary Scott Bessent had criticised the IMF and the World Bank,

The head of the International Monetary Fund urged countries to move “swiftly’’ to resolve trade disputes that threaten global economic growth. IMF managing director Kristalina Georgieva said the unpredictability arising from President Donald Trump’s aggressive campaign of taxes on foreign imports is causing companies to delay

The Managing Director of the International Monetary Fund, IMF, Kristalina Georgieva, on Thursday urged countries to swiftly resolve trade disputes that threaten global economic growth. Georgieva said the unpredictability arising from President Donald Trump’s aggressive campaign of taxes on foreign imports was causing companies to delay investments

The International Monetary Fund (IMF) said trade tariff tensions will slow global economic growth for 2025 to 2.8 per cent from the January projection of 3.3 per cent.The Fund also predicted a significant downgrade for 127 countries in 2025,

Bessent spoke to the Institute of International Finance as both the International Monetary Fund and World Bank held their spring meetings in Washington. On Monday, the IMF downgraded its forecast of U.S. economic growth to 1.8% this year, a reduction from the 2.7% it estimated as recently as January.

"To the contrary, it is a call for deeper collaboration and mutual respect among trade partners.” Although Bessent said the IMF and the World Bank are “falling short,” he stopped short of calling for the U.

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 work with them.