US Treasury chief urges stronger IMF role against ‘distortionary policies’
US Treasury Secretary Scott Bessent called Wednesday for the IMF to do more in tackling “distortionary policies” that impact competition, a comment that appears directed at China.”Policymakers around the world are having difficult discussions about how to sustain market-based systems amid distortionary policies from some economies that skew competition and hurt employment,” Bessent said. He […]
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