US Treasury Mulls Using IMF, World Bank Resources to Rebuild Venezuela – Mnuchin

US Treasury Secretary Steven Mnuchin said Tuesday that Washington would use both International Monetary Fund (IMF) and the World Bank resources to rebuild Venezuela.

“The real issue is that we are focused on is what would it take to unlock IMF resources to the interim government and that is something we are constructively working with the IMF on”, Mnuchin said. The United States is “very focused at the appropriate time of the transition of using both, IMF and World Bank resources to rebuild the country”, Mnuchin stressed.

 The US Treasury Depatment also made the designations to target Venezuela’s gold operations that support the Maduro government in late March, imposing sanctions n Venezuela’s state-run Minerven mining company.