IMF, World Bank chiefs vow to work with Trump

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THE heads of the World Bank and International Monetary Fund (IMF) on Tuesday said they would work with the incoming US president, Republican Donald Trump, underscoring the importance of private sector funding for developing countries hit by climate change.

IMF chief Kristalina Georgieva told a panel during the UN COP29 climate summit in Azerbaijan that the global lender had worked with Trump during his previous term and looked forward to doing so again. “They have a mandate from the American people,” she said.

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