IMF resumes contacts with Venezuelan government

The IMF's contacts with Venezuela were paused in 2019, but the organization says discussions with the country's government have now resumed.

The recognition of Delcy Rodríguez's government in Venezuela paves the way for the IMF to collect economic data on the country and potentially offer financial support to the government, should it request it.

According to the AFP news agency, the World Bank is expected to follow the IMF, which could open up new loans to the economically hard-hit country.

Then-vice-president Delcy Rodríguez replaced Nicolás Maduro as president on January 5 of this year, two days after Maduro was captured by the United States.