APURE-BIRUACA/Cabello: Relationship with the IMF seeks to recover 5 billion dollars and does not involve a “package”

Published at: 28/04/2026 12:55 PM

The sector vice-president for Politics, Public Security and Peace, Diosdado Cabello Rondón, explained this Tuesday, from the state of Apure, the nature of the restart of banking relations and the contact with international financial organizations. After the lifting of sanctions on the Central Bank of Venezuela and the Public Bank, he clarified that the interaction with the International Monetary Fund (IMF) and the World Bank (WB) is technically aimed at recovering blocked assets, dismissing that this means a return to the indebtedness policies of the past.

“Venezuela resumed relations with the Monetary Fund, the World Bank. The Chavista sector didn't like that. But he reviews: It can't be the World Bank, again! , gentlemen, they owe us 5 billion dollars, which belong to Venezuelans and Venezuelan women,” said Cabello.

The sector vice-president used an analogy about the sale of cattle to explain the current financial paralysis: “I have money for Wilmer de las vacas but I have no mechanism to pay for it... just like Venezuela. The only way he can recover that money that belongs to Venezuelans is to have relations with the Monetary Fund.”

In this regard, he was categorical in assuring that this approach does not compromise the country's economic sovereignty nor does it imply the application of macroeconomic adjustment measures harmful to the population.

“That doesn't mean that we're going to go into debt or that we're going to a big package here in Venezuela. It has nothing to do with it, absolutely nothing to do with it,” he pointed out and defended the financial strategy as the necessary way for the Bank of Venezuela to restart its international relations after having its accounts blocked in various parts of the world.

Cabello urged those who criticize these measures to present viable alternatives instead of maintaining destructive positions. “Whoever has a better idea than that, who puts it on the table, doesn't keep that; but criticizing for criticizing is not good for the country right now,” he said.

Mazo News Team