Congress Should Not Fund IMF Mission Creep

Congress Should Not Fund IMF Mission Creep
International Monetary Fund (IMF) headquarters in Washington on Aug. 4, 2023. Madalina Vasiliu/The Epoch Times
Brett D. Schaefer
Anthony B. Kim
Max Primorac
Updated:
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Commentary

The Biden administration is seeking authority to support $21 billion in loans through a new International Monetary Fund (IMF) trust to support climate change, health care, and other development activities outside of its remit. This mission creep is unwise and unnecessary and would, not so coincidentally, create a path to circumvent statutory restrictions on the use of U.S. taxpayer dollars to support abortion overseas.

Brett D. Schaefer is The Heritage Foundation’s Jay Kingham senior research fellow in international regulatory affairs.
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