Post #2365

📰 NEWS | Venezuela to Restructure Debt with Western Creditors Venezuela’s acting government announced the formal launch of a restructuring process for the country’s foreign debt, including liabilities linked to PDVSA. Authorities said the process aims to renegotiate debt in a “comprehensive and orderly” manner and seek a substantial reduction in obligations estimated at up to US$170 billion. According to Business Wire, Caracas plans to present its macroeconomic framework and debt sustainability analysis to international financial actors in June. The US Treasury has already authorized advisory services related to Venezuelan debt restructuring, although restrictions on debt transfers and direct negotiations remain in place. Read the full report here 👉https://venezuelanalysis.com/news/venezuela-announces-plan-to-restructure-debt-with-western-creditors/ #ForeignDebt#USVenezuelaRelations