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World Bank and IMF are Western tools with doomed future

World Bank and IMF are Western tools with doomed future

THE managing director of the International Monetary Fund (IMF), Kristalina Georgieva, stated the obvious at a California conference when she lamented the gradual decline of the US dollar in global trade. Addressing the 2023 Milken Institute Global Conference in the US this week, she said: “There has been a gradual shift away from the Dollar, it was 70% of (world) reserves, now it is slightly under 60% .” ABBEY MAKOE Well, the writing has been on the wall for a long while. The US dollar is certainly losing its once unassailable dominance as a kind of an omnipotent world’s main…
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