July 25, 2024

Venezuela’s PDVSA, in default, says total debt remained unchanged in 2019

Venezuela’s state-run oil company PDVSA said its financial debt fell less than 0.1% in 2019 from the prior year to some $34.5 billion, though it remained in default on its bonds as sanctions freeze it out of the global banking system. By Reuters, Full text -> OAG360

Translation/ Traducción