US Treasury Secretary Scott Bessent has called for the World Bank to end its restrictions on upstream oil and gas projects. He emphasized that developing countries require reliable and affordable energy for economic growth and job creation.
Bessent highlighted the need for a technology-neutral approach to energy financing to address these challenges. Further, he recommended reforms to the World Bank's lending framework to enhance development effectiveness.
This story was reported by The Times of India. Read the full coverage at The Times of India.
