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flag US Treasury Secretary Scott Bessent urges IMF and World Bank to focus on economic stability over social issues.

flag US Treasury Secretary Scott Bessent called for the IMF and World Bank to refocus on their core missions of financial stability and economic growth, criticizing their focus on social issues like climate change and gender. flag Bessent argued the institutions should prioritize lending criteria and support for economic reforms in developing countries. flag He also hinted at opportunities for a US-China trade deal, emphasizing the need for economic rebalancing and not calling for US withdrawal from the institutions.

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