IMF and World Bank Restore Relations with Venezuela
The International Monetary Fund (IMF) and the World Bank announced today that they are restoring relations with Venezuela, further legitimizing the country's interim government and opening new opportunities for financial support. The IMF stated that, guided by the opinions of member countries, it is now engaging with the Venezuelan government led by interim president Delcy Rodriguez. The World Bank quickly followed suit, acknowledging the Rodriguez government. These recognitions will enable both institutions to formally begin collecting economic data, providing technical advice, and offering financial assistance when requested by Venezuela.
📋 Article Processing Timeline
- 📰 Published: April 17, 2026 at 14:50
- 🔍 Collected: April 17, 2026 at 15:01 (10 min after Published)
- 🤖 AI Analyzed: April 17, 2026 at 17:42 (2h 40m after Collected)
Central News Agency, Washington, 16th (Comprehensive Foreign Report)
The International Monetary Fund (IMF) and the World Bank announced today that they are restoring relations with Venezuela, which will further legitimize the country's interim government and open new opportunities for financial support.
Agence France-Presse reported that the Venezuelan government subsequently confirmed within hours that it would acknowledge the relationship that had been interrupted since 2019.
The IMF stated in a statement: 'Guided by the opinions of member countries representing the majority of the IMF's total voting power, and in accordance with long-standing practice, Managing Director Kristalina Georgieva announced today that the IMF is now engaging with the Venezuelan government led by interim president Delcy Rodriguez.'
Rodriguez stated on state television tonight: 'We are normalizing all procedures involving Venezuela's rights in this organization.'
The IMF recently consulted with member countries to confirm whether Rodriguez should be considered the legitimate leader of Venezuela.
The World Bank quickly followed suit and stated in a statement: 'Based on the results of the IMF's consultation, the World Bank announced today that it is resuming engagement with the Venezuelan government, led by interim president Delcy Rodriguez.'
The recognition of the Rodriguez government by the two major international institutions will enable them to formally begin collecting economic data, providing technical advice, and offering financial assistance when Venezuela requests it.
In March 2019, relations broke down after the IMF recognized the opposition, which controlled the National Assembly, as the legitimate government. (Compiler: Qu Xiang-ping) 1150417
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The International Monetary Fund (IMF) and the World Bank announced today that they are restoring relations with Venezuela, which will further legitimize the country's interim government and open new opportunities for financial support.
Agence France-Presse reported that the Venezuelan government subsequently confirmed within hours that it would acknowledge the relationship that had been interrupted since 2019.
The IMF stated in a statement: 'Guided by the opinions of member countries representing the majority of the IMF's total voting power, and in accordance with long-standing practice, Managing Director Kristalina Georgieva announced today that the IMF is now engaging with the Venezuelan government led by interim president Delcy Rodriguez.'
Rodriguez stated on state television tonight: 'We are normalizing all procedures involving Venezuela's rights in this organization.'
The IMF recently consulted with member countries to confirm whether Rodriguez should be considered the legitimate leader of Venezuela.
The World Bank quickly followed suit and stated in a statement: 'Based on the results of the IMF's consultation, the World Bank announced today that it is resuming engagement with the Venezuelan government, led by interim president Delcy Rodriguez.'
The recognition of the Rodriguez government by the two major international institutions will enable them to formally begin collecting economic data, providing technical advice, and offering financial assistance when Venezuela requests it.
In March 2019, relations broke down after the IMF recognized the opposition, which controlled the National Assembly, as the legitimate government. (Compiler: Qu Xiang-ping) 1150417
Choose to stand with facts, every sponsorship you make is a force to protect press freedom.
Download the Central News Agency 'First-hand News' APP to stay updated with the latest news.
The text, images, and videos on this website may not be reproduced, publicly broadcast, or publicly transmitted and used without authorization.
FAQ
Why did the IMF and World Bank restore relations with Venezuela?
To further legitimize Venezuela's interim government and open opportunities for financial support to the country.
Who was recognized as the interim president of Venezuela?
Delcy Rodriguez.