IMF and World Bank Meetings Highlight Global Economic Strains

The IMF and World Bank held meetings that highlighted limits in mitigating economic shocks and a reliance on the US for solutions. The Trump administration showed a rare warming to the global bodies. The IMF warned that South Korea will lag Taiwan by $10,000 in per capita GDP, and its report validated Nigerians' suffering according to Atiku. The IMF director noted rising US inflation amid the Iran operation. Pakistan announced it will repay a remaining $1.5 billion loan to the UAE by April 23 amid hopes for IMF funding.