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Venezuela Could Get $7.7B From IMF With Political Deal: Report

LATAM
  • Venezuela could receive up to $7.7 billion in International Monetary Fund rapid financing if govt and opposition can reach a political agreement to access the funds, according to a report by economist Francisco Rodriguez, head of the Oil for Venezuela Foundation.
    • For reference: Venezuela has been cut off from its share of $650 billion in special drawing rights that the IMF is planning to distribute among member countries. (BBG)

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