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IMF warns Venezuela over gaps in economic data, gives six months to submit

The decision was not unanimous with Russia objecting to the move and others abstaining, according to two sources

Reuters  |  WASHINGTON 

The International Monetary Fund issued a warning to Venezuela on Friday for failing to provide the institution with economic data on time and gave it six months to address the lack of some statistics. The decision was not unanimous with Russia objecting to the move and others abstaining, according to two sources familiar with the IMF board discussion. The sources, speaking on condition of anonymity, said that if the Venezuela did not improve the flow of data, the IMF could issue a "declaration of censure" under Article 8 of the fund's rules on furnishing of ...

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First Published: Sat, November 04 2017. 10:41 IST
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