IMF plans Venezuela office despite no request for funding

  • IMF is looking to establish an office in Venezuela.
  • Venezuela’s government has requested neither an IMF programme nor other funding.
  • Kristalina Georgieva met interim President Delcy Rodríguez during the recent UN General Assembly.

The International Monetary Fund (IMF) is looking to establish an office in Venezuela, despite the government not requesting an IMF programme or other funding. IMF spokesperson Julie Kozack said IMF chief Kristalina Georgieva met Venezuela’s interim President Delcy Rodríguez on the sidelines of the recent United Nations General Assembly. The proposed office would provide a local presence for the fund, but does not indicate that a financing arrangement has been requested or agreed.

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