Venezuelan president requests $5 billion from IMF to fight coronavirus

Edited by Ed Newman
2020-03-17 21:32:37

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Caracas, March 18 (RHC)-- Venezuela's Foreign Minister Jorge Arreaza reported on Tuesday that the government of President Nicolas Maduro asked the International Monetary Fund (IMF) for a financing facility for $5 billion U$D from the emergency fund of the Rapid Financing Instrument (RFI).

These resources will be deployed to adequately address the health emergency caused by the Covid-19 spread in this South American Country.  "Only under the spirit of solidarity, brotherhood and social discipline we will be able to overcome the situation that comes our way, and we will know how to protect the life and wellbeing of our people," President Maduro said at the end of a letter to the IMF Director Kristalina Georgieva.


 



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