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ప్రపంచ బ్యాంక్, IMF లకు అమెరికా గుడ్ భై || United States Wants To Exit From World Bank, IMF? ||
What Will Happen If US Withdraws From World Bank, IMFThe US and its allies formed the two institutions in the ashes of World War II to encourage global integration and forestall future wars.
An alarm is rising over Washington's potential withdrawal from global institutions, including the International Monetary Fund and the World Bank, with the no-show of US Treasury Secretary Scott Bessent at G20 meetings adding to the anxiety. So what are the IMF and World Bank and what happens if the United States pulls back from them?
WHAT DO THE IMF AND WORLD BANK DO?
The US and its allies formed the two institutions in the ashes of World War II to encourage global integration and forestall future wars.
The IMF is a lender of last resort to countries in trouble - from Greece during its financial crisis, Argentina amid successive debt defaults and even the United Kingdom after a 1976 economic meltdown.
Lending ranges from emergency cash to tackle the balance of payment crises to precautionary lines to prevent a crunch.
It attaches conditions to the loans - dispatched in tranches - to ensure countries enact reforms, usually requiring cuts to wasteful spending, more transparent budgets, rooting out corruption or raising tax revenues. Investors use IMF data on GDP and growth as the trigger to determine whether certain debt instruments that link payments to economic performance give them more - or sometimes less - money.
https://www.ndtv.com/world-news/explained-what-will-happen-if-us-withdraws-from-world-bank-imf-7807980