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 organisation, according to five people familiar with the request.
Nicolas Maduro’s administration is arguing the emergency funds could be allocated through programs designed to purchase food, medicine and improve some hospitals’ infrastructure to care for coronavirus patients, three of the people said.
An IMF press official said that the fund has the deepest sympathy for the humanitarian crisis facing the Venezuelan people and referred to a Wednesday statement in response to
Nicolas Maduro’s administration is arguing the emergency funds could be allocated through programs designed to purchase food, medicine and improve some hospitals’ infrastructure to care for coronavirus patients, three of the people said.
An IMF press official said that the fund has the deepest sympathy for the humanitarian crisis facing the Venezuelan people and referred to a Wednesday statement in response to