Venezuela Leadership Issue Still Blocking IMF, World Bank Aid

[TomSea]

Venezuela Leadership Issue Still Blocking IMF, World Bank Aid
By Reuters

    April 11, 2019

WASHINGTON — International Monetary Fund and World Bank shareholders are still undecided on whether to recognise Venezuelan opposition chief Juan Guaido as the country's leader, the institutions said on Thursday.

The heads of the IMF and World Bank both said they are preparing to move quickly to help ease Venezuela's worsening humanitarian crisis, but the leadership question is standing in the way.

"It is for our members to indicate which authority they are recognising diplomatically so we can then follow through," IMF Managing Director Christine Lagarde said in a press conference at the start of the IMF and World Bank spring meetings in Washington.

Read more at: https://www.nytimes.com/reuters/2019/04/11/technology/11reuters-imf-worldbank-venezuela.html