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Rejected Venezuela returns to IMF seeking $1 bn in aid to fight coronavirus

Maduro ordered a nationwide quarantine starting Tuesday to slow the pace of infection

Venezuela's President Nicolas Maduro waves as he arrives for a rally with supporters in Caracas, Venezuela. Photo: Reuters
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Venezuela's President Nicolas Maduro waves as he arrives for a rally with supporters in Caracas, Venezuela. Photo: Reuters

Alex Vasquez, Ben Bartenstein & Fabiola Zerpa | Bloomberg
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

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