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Saturday, October 14, 2017

USA calls on the IMF and the WB for major internal reforms and focus on the private sector

US Treasury Secretary Steve Mnuchin
US Treasury Secretary Steve Mnuchin today called for a significant reform of the IMF, where he urges the private sector and deregulation, and the World Bank (WB), to focus the effort on poor countries and stop to middle-income countries such as China.

"As the IMF moves into the period after the global financial crisis, we urge the institution to structure its lending programs to prioritize reforms that drive private sector-led economic growth," Mnuchin said in his statement to the Financial and Monetary of the organism.

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