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Venezuela debt restructuring

Venezuela's central bank president says debt restructuring will bring the country out of the shadows of global finance.

Grace Lewis
ByGrace Lewis- Senior Editor
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0
Venezuela debt restructuring
Photo: Prepared by Bond.az

Restructuring Venezuela's sovereign debt and that of state oil firm PDVSA will bring the country "out of the shadows" of the global financial system, interim Central Bank President Luis Perez said on Thursday.

In an interview with Reuters, Perez said a Venezuelan delegation would travel to Washington by the end of the month to meet with the International Monetary Fund (IMF).

Perez said relations with the IMF "should never have been broken."

The central bank chief also forecasts Venezuela's economy to grow about 8% by end of 2026.

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