IMF, World Bank say they are resuming dealings with Venezuela

Cătălin Roșioru

The International Monetary Fund and the World Bank on Thursday each said they had resumed dealings with Venezuela, which had been paused since 2019 due to government recognition issues. The move paves the way for a full IMF assessment of Venezuela's economy for the first time in some 20 years and could eventually unlock billions of dollars in funding via frozen special drawing rights. IMF Managing Director Kristalina Georgieva said in a statement that the Fund, guided by the views of a majority