IMF coming to Venezuela's rescue?
Mihai Prelipcean
x US Secretary of the Treasury Scott Bessent announced on Monday a plan to stabilize Venezuela’s collapsing currency by re-engaging with global financial institutions. The strategy consists of unfreezing approximately US$4.9 billion in International Monetary Fund (IMF) Special Drawing Rights (SDRs) to provide much-needed liquidity to Caracas' Central Bank. A central pillar of the strategy involves an unprecedented level of US oversight over Venezuela's oil industry to bypass previous black-
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