Statement from U.S. Secretary of the Treasury Scott Bessent for the World Bank Development Committee and IMF International Monetary and Financial Committee

As we convene for this year’s Annual Meetings, the United States looks forward to working closely with partners around the world to confront today’s global economic challenges and secure a future underpinned by growth and stability. Achieving success will require collaboration with international financial institutions that are highly effective, efficient, and accountable in implementing their core mandates. The International Monetary Fund (IMF) and the World Bank can support America’s efforts to secure a more balanced, prosperous, and stable global economy through a return to their core missions and disciplined deployment of their resources. We have seen some progress towards these goals since the Spring Meetings.