International Monetary Fund (IMF) – Summaries of news and views OnVenezuela https://onvenezuela.com Mon, 20 Sep 2021 14:36:45 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.5 https://onvenezuela.com/wp-content/uploads/2020/01/cropped-Screen-Shot-2019-12-20-at-12.31.03-PM-1-32x32.png International Monetary Fund (IMF) – Summaries of news and views OnVenezuela https://onvenezuela.com 32 32 US$5.000 millones que Venezuela no recibirá por desacuerdos entre el gobierno y la oposición https://onvenezuela.com/us5-000-millones-que-venezuela-no-recibira-por-desacuerdos-entre-el-gobierno-y-la-oposicion/?utm_source=rss&utm_medium=rss&utm_campaign=us5-000-millones-que-venezuela-no-recibira-por-desacuerdos-entre-el-gobierno-y-la-oposicion Mon, 20 Sep 2021 14:36:41 +0000 https://onvenezuela.com/?p=11070

Esa es la cantidad que el Fondo Monetario Internacional (FMI) debería entregar al país como parte de los derechos especiales de giro que el Fondo va a destinar los países en desarrollo para ayudarles a aliviar el golpe económico de la pandemia de covid. Pero Venezuela está de momento excluida de ese reparto. Texto Completo -> Ecuavisa

Courtesy translation -> That is the amount that the International Monetary Fund (IMF) should deliver to the country as part of the special drawing rights that the Fund is going to allocate to developing countries to help them alleviate the economic blow of the covid pandemic.But Venezuela is currently excluded from that distribution.

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Guaido says Venezuela’s access to IMF SDRs to be part of political talks https://onvenezuela.com/guaido-says-venezuelas-access-to-imf-sdrs-to-be-part-of-political-talks/?utm_source=rss&utm_medium=rss&utm_campaign=guaido-says-venezuelas-access-to-imf-sdrs-to-be-part-of-political-talks Wed, 15 Sep 2021 15:10:58 +0000 https://onvenezuela.com/?p=11000

 Venezuela’s access to International Monetary Fund (IMF) Special Drawing Rights (SDR) will be on the agenda in talks between the opposition and the government of President Nicolas Maduro in Mexico, opposition leader Juan Guaido said on Tuesday. The IMF in August allocated around $5 billion in SDRs to Venezuela as part of a $650 billion global effort to boost liquidity amid the pandemic, but it says Venezuela cannot use them because of questions about Maduro’s legitimacy. By Brian Ellsworth. Full Text -> Reuters

Traducción de cortesía -> El acceso de Venezuela a los Derechos Especiales de Giro (DEG) del Fondo Monetario Internacional (FMI) estará en la agenda de las conversaciones entre la oposición y el gobierno del presidente Nicolás Maduro en México, dijo el martes el líder opositor Juan Guaidó.En agosto, el FMI asignó alrededor de $ 5 mil millones en DEG a Venezuela como parte de un esfuerzo global de $ 650 mil millones para aumentar la liquidez en medio de la pandemia, pero dice que Venezuela no puede usarlos debido a dudas sobre la legitimidad de Maduro.

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Rejected Venezuela Returns to IMF Seeking $1 Billion in Aid https://onvenezuela.com/rejected-venezuela-returns-to-imf-seeking-1-billion-in-aid/?utm_source=rss&utm_medium=rss&utm_campaign=rejected-venezuela-returns-to-imf-seeking-1-billion-in-aid Sat, 21 Mar 2020 15:19:02 +0000 https://onvenezuela.com/?p=2163

Venezuela is returning to the International Monetary Fund with a request for $1 billion in assistance after a bigger financial rescue package was rejected by the Washington organization, according to five people familiar with the request. By Alex Vasquez, Ben Bartenstein, and Fabiola Zerpa. Full text-> Bloomberg

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IMF rejects crisis-hit Venezuela’s request for $5b virus aid https://onvenezuela.com/imf-rejects-crisis-hit-venezuelas-request-for-5b-virus-aid/?utm_source=rss&utm_medium=rss&utm_campaign=imf-rejects-crisis-hit-venezuelas-request-for-5b-virus-aid Wed, 18 Mar 2020 14:30:00 +0000 https://onvenezuela.com/?p=2092

“Unfortunately, the Fund is not in a position to consider this request,” because there is “no clarity” on international recognition of the country’s government, the Washington-based institution said in a statement. By AFP. Full text-> Bangkok Post

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Venezuela seeks emergency $5 billion IMF loan to fight virus https://onvenezuela.com/share-on-facebook-share-on-twitter-venezuela-seeks-emergency-5-billion-imf-loan-to-fight-virus/?utm_source=rss&utm_medium=rss&utm_campaign=share-on-facebook-share-on-twitter-venezuela-seeks-emergency-5-billion-imf-loan-to-fight-virus Tue, 17 Mar 2020 23:03:34 +0000 https://onvenezuela.com/?p=2089

Venezuela said Tuesday it is seeking an emergency $5 billion loan from the International Monetary Fund, appealing to an institution it has long villified to cope with the fallout from the new coronavirus on its already collapsed oil economy. By — Joshua Goodman. Full text-> PBS

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