IMF and World Bank Resume Relations with Venezuela After 20-Year Hiatus
The IMF and World Bank have resumed dealings with Venezuela, marking the first time in over two decades that the country will undergo a full IMF economic assessment. This development could unlock billions in funding through frozen special drawing rights. The move follows the U.S. ousting of President Nicolas Maduro and the installation of interim President Delcy Rodríguez.
Topics: economic recovery foreign investment IMF Venezuela World Bank