Rumor has it that Nicky is in talks with the IMF.
In an official IMF statement I found, they say this:
MR. RICE: Let me maybe just back up a little bit for those who haven't followed it. Earlier this year the IMF executive board discussed this issue of Venezuelan data and in fact at that time issued a declaration of censure against Venezuela for its failure to implement remedial measures and its failure to comply with its obligations regarding data provision under our articles so that is a little bit of the background there.
What I can tell you in terms of an update is that there have been discussions with the Venezuelan authorities on this issue and, you know, those contacts have been ongoing even in recent days. So we were, you know, we are hopeful that will lead to a productive conclusion. I don’t have a specific, you know, read out for you on those discussions obviously and I don't have a specific date to announce for the board though we would expect that to happen in the coming weeks, for the board to meet.
You know, we have got a very clear, transparent set of guidelines and procedures regarding the data provision duties by our member countries. As I said these are laid out in our articles, they are available on our website. It is quite transparent. But I will probably leave it there because I don't want to preempt, you know, the decision, the discussion and the decision that is to come from our board but that is where we stand. Good morning.
I find it surprising that we're still sending info to the IMF.
After all, Chavez was supposed to have us pulled out of it back in 2007. I guess it was BS, like most of the stuff these damned commies say. (No, I have nothing against the IMF)
Still, it's surprising that the government is bothering to negotiate with the IMF to get out of sanctions for failing to give them economic data. I guess that's what fueled the rumors. In any case, BTW, it makes no sense. Any bailout with the IMF is going to have as preconditions: An end to the foreign exchange controls, major government spending cuts, opening up all of our markets, eliminating all subsidies and price controls, raising interest rates and most probably, raising taxes by a lot. Measures that I doubt very much Maduro will take.