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Venezuela discusses with IMF to use reserves after earthquakes

Delcy Rodríguez, Venezuela's acting president, met with an IMF delegation to discuss using reserves.

Published 6sem3 sourcesConfirmedImportantupdated 4sem
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The fact

The goal is to fund reconstruction after the devastating June 24 earthquakes.

This move marks an unprecedented rapprochement between Caracas and the financial institution.

3 sources — click a link to read an article on the topic:

Why it matters

Cette discussion avec le FMI est un signe de détente dans les relations entre le Venezuela et les institutions financières internationales. Elle pourrait ouvrir la voie à un soutien économique crucial pour un pays en crise, mais aussi susciter des débats sur les conditions de cet accord.

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