economy
Delcy Rodríguez met with a World Bank delegation
The acting president of Venezuela, Delcy Rodríguez, met this Friday, May 15, with a delegation from the World Bank (WB).
TL;DR
- Acting Venezuelan President Delcy Rodríguez met with a World Bank delegation on May 15.
- The meeting is seen as a strategic step for the country's stabilization and development, aiming to attract international investments.
- The World Bank and the IMF resumed relations with Venezuela in April, ending a pause that started in March 2019.
- Venezuela has initiated a process to restructure its external public debt and that of PDVSA.
- The goal of debt restructuring is to rebuild the country's financing capacity, attract investments, stabilize the economy, and improve citizens' quality of life.
- Venezuela's external debt is estimated to be over $170 billion.