Venezuela presents IMF with economic roadmap centered on oil and mining

The Daily Journal.- Venezuela’s Vice President for Economic Affairs, Calixto Ortega, presented the country’s economic roadmap on Wednesday during a discussion in Bangkok on the sidelines of the International Monetary Fund (IMF) and World Bank annual meetings. The plan focuses on the oil and mining extractive industries. Ortega, a former president of the Central Bank […]

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Delcy Rodríguez arrives in New York to attend UN General Assembly

The Daily Journal.— Venezuela’s acting president, Delcy Rodríguez, arrived in New York early Monday morning to attend the 81st United Nations General Assembly, where she plans to meet with U.S. President Donald Trump. The meeting will mark their first encounter since the U.S. military operation that culminated in Nicolás Maduro’s capture. Rodríguez landed at Teterboro […]

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Venezuela’s creditors expand committee amid expectations of debt restructuring

the long-awaited negotiations over what could become the largest sovereign debt restructuring in more than a decade. More than 15 investment funds have joined the Venezuela Creditors Committee since the United States captured former President Nicolás Maduro in early January, according to a person familiar with the matter. The arrival of new investors has strengthened […]

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IMF and Venezuela Discuss Technical Assistance and the Return of Annual Consultations

The Daily Journal — The International Monetary Fund (IMF) and representatives of the Venezuelan government held a high-level meeting in Washington last weekend to define areas for immediate technical cooperation. The meeting advanced efforts to resume the periodic bilateral consultations known as Article IV consultations, through which the IMF formally assesses the financial health of […]

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