{"id":19256,"date":"2026-04-17T05:26:04","date_gmt":"2026-04-17T04:26:04","guid":{"rendered":"https:\/\/inernews.online\/?p=19256"},"modified":"2026-04-17T05:26:04","modified_gmt":"2026-04-17T04:26:04","slug":"imf-world-bank-say-they-are-restoring-ties-with-venezuela-business-and-economy-news","status":"publish","type":"post","link":"https:\/\/inernews.online\/?p=19256","title":{"rendered":"IMF, World Bank say they are restoring ties with Venezuela | Business and Economy News"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div id=\"\">\n<p class=\"article__subhead\"><em>Acting President Delcy Rodriguez calls resumption of ties \u2018great achievement\u2019 of Venezuelan diplomacy.<\/em><\/p>\n<\/div>\n<div>\n<div class=\"byline byline--single-avatar\">\n<div class=\"avatars-container\">\n<div class=\"responsive-image\"><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/www.aljazeera.com\/wp-content\/uploads\/2020\/09\/jp-1730786685-rotated.jpg?resize=96%2C96&amp;quality=80 96w\" sizes=\"(max-width: 96px) 96px, 96px\" aria-hidden=\"true\"\/><\/div>\n<\/div>\n<\/div>\n<div class=\"article-dates\">\n<p><span class=\"screen-reader-text\">Published On 17 Apr 2026<\/span><span aria-hidden=\"true\">17 Apr 2026<\/span><\/p>\n<\/div>\n<\/div>\n<div aria-live=\"polite\" aria-atomic=\"true\">\n<p>The International Monetary Fund (IMF) and the World Bank have announced the resumption of ties with Venezuela under the Latin American nation\u2019s interim leader.<\/p>\n<p>The Washington, DC-based financial institutions severed ties with Caracas in 2019 amid a split in the international community over whether to support Nicolas Maduro or Juan Guaido as the country\u2019s rightful leader following disputed presidential elections.<\/p>\n<section class=\"more-on\">\n<h2 class=\"more-on__heading\">Recommended Stories<!-- --> <\/h2>\n<p><span class=\"screen-reader-text\">list of 4 items<\/span><span class=\"screen-reader-text\">end of list<\/span><\/section>\n<p>IMF Managing Director Kristalina Georgieva said in a statement on Thursday that the institution had resumed dealings with Venezuela under the administration of acting President Delcy Rodriguez.<\/p>\n<p>\u201cThis\u00a0important step, guided by the views of our members, allows the Fund to re\u2011engage in a way that can\u00a0ultimately\u00a0benefit\u00a0the Venezuelan people,\u201d\u00a0Georgieva said in a post on social media.<\/p>\n<p>The World Bank announced that it would follow the IMF\u2019s lead in a statement shortly afterwards, saying it had been \u201cguided by the outcome\u201d of the fellow lender\u2019s decision-making process.<\/p>\n<p>The bank said it had last made a loan to Caracas in 2005.<\/p>\n<figure id=\"attachment_4492811\" aria-describedby=\"caption-attachment-4492811\" style=\"width:770px\" class=\"wp-caption aligncenter\"><img decoding=\"async\" data-recalc-dims=\"1\" loading=\"lazy\" class=\"size-arc-image-770 wp-image-4492811\" src=\"https:\/\/www.aljazeera.com\/wp-content\/uploads\/2026\/04\/afp_69deb4a0053b-1776202912.jpg?w=770&amp;resize=770%2C513&amp;quality=80\" alt=\"Venezuela's interim President Delcy Rodriguez speaks during a press conference after a signing of an agreement ceremony between Chevron Venezuela and the national government at the Miraflores Palace in Caracas on April 13, 2026.\" fetchpriority=\"low\"\/><figcaption id=\"caption-attachment-4492811\" class=\"wp-caption-text\">Venezuela\u2019s interim President Delcy Rodriguez speaks during a news conference after signing an agreement between Chevron Venezuela and the national government at the Miraflores Palace in Caracas on April 13, 2026 [Juan Barreto\/AFP]<\/figcaption><\/figure>\n<p>The announcements come several weeks after United States President Donald Trump\u2019s administration lifted sanctions on Rodriguez,\u00a0the\u00a0latest move\u00a0by Washington\u00a0to\u00a0confer\u00a0legitimacy on the acting leader.<\/p>\n<p>Rodriguez, who assumed power in January after Trump ordered the abduction of former President Maduro to the US to face drug-trafficking and weapons possession charges, welcomed the announcements.<\/p>\n<p>\u201cIt has been a great achievement of Venezuelan diplomacy, and I want to thank all the countries and governments that joined in this push for Venezuela\u2019s return to the IMF,\u201d Rodriguez said in an address broadcast on state television.<\/p>\n<p>The moves clear the way for Venezuela to request financial assistance from the international lenders if Caracas deems it to be necessary to shore up the nation\u2019s straitened finances.<\/p>\n<p>The Latin American country has one of the highest debt burdens in the world, with\u00a0total external liabilities estimated at more than $150bn.<\/p>\n<p>In 2020, the IMF rejected Venezuela\u2019s request for an emergency loan of $5bn to help fund its response to the COVID-19 pandemic, citing the lack of an international consensus on the legitimacy of Maduro\u2019s leadership.<\/p>\n<p>Venezuela has been a member of the IMF and the World Bank since 1946.<\/p>\n<\/div>\n<p><br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Acting President Delcy Rodriguez calls resumption of ties \u2018great achievement\u2019 of Venezuelan diplomacy. Published On 17 Apr 202617 Apr 2026 The International Monetary Fund (IMF) and the World Bank have announced the resumption of ties with Venezuela under the Latin American nation\u2019s interim leader. The Washington, DC-based financial institutions severed ties with Caracas in 2019 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":19257,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-19256","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latin-america-news"],"_links":{"self":[{"href":"https:\/\/inernews.online\/index.php?rest_route=\/wp\/v2\/posts\/19256","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/inernews.online\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/inernews.online\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/inernews.online\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/inernews.online\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=19256"}],"version-history":[{"count":0,"href":"https:\/\/inernews.online\/index.php?rest_route=\/wp\/v2\/posts\/19256\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/inernews.online\/index.php?rest_route=\/wp\/v2\/media\/19257"}],"wp:attachment":[{"href":"https:\/\/inernews.online\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=19256"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/inernews.online\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=19256"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/inernews.online\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=19256"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}