World Bank Sees Up to $5 Billion in Possible Loans to Venezuela
12 Articles
12 Articles
The World Bank evaluates granting up to US$5 billion in loans to Venezuela over the next two years, as relations with the Latin American country have been resumed after the release of Nicolás Maduro from power. The funding was announced by Susana Cordeiro Guerra, vice president for Latin America and the Caribbean of the entity, in an interview this Friday (16) on the margins of the annual meetings of the IMF and the World Bank in Bangkok.
World Bank Sees Up to $5 Billion in Possible Loans to Venezuela
The World Bank is considering the possibility of lending Venezuela up to $5 billion over the next two years, an amount that of course... The article The World Bank is considering granting a $5 billion loan to Venezuela was published in NewsIT.
The World Bank evaluates granting up to $5 billion to Venezuela in two years, although financing will depend on the regularization of debts and the approval of the agency. The post Venezuela could access $5 billion from the World Bank in two years appeared first on El Carabobeño.
Susana Cordeiro Guerra, vice president of the agency for Latin America and the Caribbean, reported that these resources would be aimed at driving structural reforms and serving critical basic services, with a first operation already identified for $500 million focused specifically on the water and electricity sectors.
News of the Day and the Hour Latest News of the day The World Bank evaluates granting to Venezuela loans of up to US$5 billion over the next two years, in the framework of the resumption of... The news World Bank evaluates granting to Venezuela loans of US$5 billion in two years was published first in News of the Day and the Hour Latest News of the day
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