IMF Threatens to Expel Venezuela for Failing to Provide Economic Data
- The International Monetary Fund said today it ordered Venezuela to swiftly provide key economic data, threatening to exclude the South American country under a process known as "censure."
Washington, May 2 (AFP) - The International Monetary Fund said today it ordered Venezuela to swiftly provide key economic data, threatening to exclude the South American country under a process known as "censure."
The IMF board concluded that Venezuela has failed to implement measures ordered by the IMF, or to provide key information.
"The Fund has issued a declaration of censure against Venezuela," said the IMF statement. The IMF has not has not been able to conduct the annual review of the Venezuelan economy since 2004. (AFP) MRJ
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