Tag: international_finance_corporation

Bessent Urges IMF and World Bank to Refocus on Core Missions, End Upstream Gas Ban

14 Oct 2026 12:09 p.m. · Source: US Treasury

Treasury Secretary Scott Bessent tells the IMF and World Bank to return to core missions, retire the upstream gas financing ban, resume graduations, and rein in bloated board budgets.

Politics and Government Business World USA Federal Government Economy Trade Energy Financial Markets Africa Scott Bessent International Monetary Fund World Bank U.S. Department of the Treasury IMF quotas upstream gas financing International Finance Corporation US Treasury