Treasury official says withdrawing the US from the IMF and World Bank would be a ‘step backward’ ...Middle East

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Treasury official says withdrawing the US from the IMF and World Bank would be a ‘step backward’
source : News10NBC ( Middle East ) () 100
WASHINGTON (AP) — Withdrawing the United States from the IMF and World Bank would be “a step backward,” a top U.S. Treasury official said Friday, defending the organizations before a presidential election that could cast uncertainty about America’s future in them. In advance of the institutions’ annual meetings this month, Jay Shambaugh, the undersecretary for international affairs, alluded to a Project 2025 proposal for the U.S. to pull out of the IMF and World Bank if Donald Trump wins. The proposal is part of a plan created by the Heritage Foundation as a possible handbook for the next Republican administration, though Trump has said it is not related to his campaign and he is not bound t

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