Venezuela Asks IMF For $5bn Aid Over Coronavirus
President Nicolas Maduro asked the International Monetary Fund on Tuesday for a $5 billion loan to help crisis-worn Venezuela cope with the onslaught of the coronavirus. In a letter to IMF chief Kristalina Georgieva, Maduro said a $5 billion loan from the IMF’s Rapid Financing Instrument “will contribute significantly to strengthening our detection and response systems.” The RFI … Read more