IMF and World Bank resume relationship with Venezuela after 7 years

Institutions return to dialogue with the government of Delcy Rodríguez, close to Washington; suspension had started in 2019

O and the resumed negotiations with Venezuela on Thursday (April 16, 2026). Talks had been suspended since 2019.

International financial institutions will begin to dialogue with the Venezuelan government under the administration of interim president Delcy Rodríguez (MSV, left), who has reached out to Washington. The Venezuelan was sworn in after Nicolás Maduro was by American special forces.

According to the agency the resumption of negotiations paves the way for a complete assessment of the Venezuelan economy by the IMF for the first time in around 20 years. It also paves the way for the unlocking of billions of dollars in financing through frozen special drawing rights. The last World Bank loan to Venezuela was granted in 2005.

The move comes at a time when the United States seeks to expand its presence in Venezuela’s oil and mining sectors.

Here is the full IMF note:

Guided by the views of International Monetary Fund (IMF) members who represent the majority of the IMF’s total voting power, and in line with long-standing practice, Managing Director Kristalina Georgieva announced today that the IMF is now negotiating with the Government of Venezuela, under the administration of Interim President Delcy Rodríguez.

Venezuela has been a member of the IMF since December 1946. Negotiations with Venezuela were suspended in March 2019 due to government recognition issues.

Here is the full IMF note:

Based on the results of the International Monetary Fund consultation process, the World Bank Group announced today that it will resume relations with the Government of Venezuela, under the administration of Interim President Delcy Rodríguez. Venezuela has been a member of the World Bank Group since 1946. Relations with Venezuela were suspended in 2019, and the last loan was granted in 2005.