Deputy Ilenia Medina: Reincorporation of the BCV into the international system will provide relief to the economy

Published at: 15/04/2026 06:01 PM

This Wednesday, April 15, the deputy to the National Assembly (AN), Ilenia Medina, stressed that the Central Bank of Venezuela (BCV) “re-enters the international financial system and will carry out the corresponding operations within the framework of reserves, within the framework of everything that currencies mean”, referring to the recent lifting of unilateral coercive measures that the Office of Foreign Assets Control (OFAC) of the United States carried out the counter to said institution.

In the program Café en la Mañana, broadcast by Venezolana de Televisión, he explained that these measures “are reliefs for the national economy”, since they do not represent a total elimination of financial restrictions, because “assets are still frozen, they are still blocked.”

He reiterated that this OFAC measure also implies that the BCV reconnects with the international financial system to carry out the corresponding operations of reserves, currencies, which facilitates its impact on the national economy.

In addition, the deputy stressed that with the relief of OFAC enforcement measures, national and international companies will be able to see to a certain extent the security to participate in negotiations and tenders related to commercial contracts.

“As more income enters Venezuela, economic and social policy will benefit, it will benefit medium and small producers, since it will allow them access to credit,” he added.

He also stated that, as economic inflows from the sale of oil increase, “it will be possible to guarantee the wage that all workers deserve.”

Mazo News Team