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	<title>US-Venezuela trade Archives - International Finance</title>
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	<title>US-Venezuela trade Archives - International Finance</title>
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		<title>Venezuela economic recovery: US working on $10 bn fund</title>
		<link>https://internationalfinance.com/economy/us-builds-10-billion-fund-recover-venezuelas-economy/#utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=us-builds-10-billion-fund-recover-venezuelas-economy</link>
					<comments>https://internationalfinance.com/economy/us-builds-10-billion-fund-recover-venezuelas-economy/#respond</comments>
		
		<dc:creator><![CDATA[International Finance Desk]]></dc:creator>
		<pubDate>Mon, 15 Apr 2019 09:19:40 +0000</pubDate>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[US-Venezuela trade]]></category>
		<category><![CDATA[Venezuela economic recovery]]></category>
		<category><![CDATA[Venezuela economy]]></category>
		<category><![CDATA[World Bank]]></category>
		<guid isPermaLink="false">https://internationalfinance.com/?p=24336</guid>

					<description><![CDATA[<p>The US is forming a consortium to build a $10 billion trade finance fund for the Latin American country</p>
<p>The post <a href="https://internationalfinance.com/economy/us-builds-10-billion-fund-recover-venezuelas-economy/">Venezuela economic recovery: US working on $10 bn fund</a> appeared first on <a href="https://internationalfinance.com">International Finance</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><span style="font-weight: 400;">The US is closely working with a set of countries to build $10 billion fund to help Venezuela strengthen its economy when a new government is formed, according to </span><span style="font-weight: 400;">Treasury Secretary Steven Mnuchin. To this end, the US is forming a consortium to build a $10 billion trade finance fund for the Latin American country. </span></p>
<p><span style="font-weight: 400;">Several International Monetary Fund and World Bank meetings were held with officials discussing how to revive the country’s economy that is caught in a downward spiral for years. In addition, Mnuchin on Thursday hosted a meeting for European and Latin American countries, and Japan, where heads of government discussed matters related to Venezuelan oil exports and trade.</span></p>
<p><span style="font-weight: 400;">“Every single time I’ve had one of these meetings I can’t believe how much worse it gets on the ground for the people of Venezuela. This is a humanitarian crisis,” Mnuchin said. </span></p>
<p>The post <a href="https://internationalfinance.com/economy/us-builds-10-billion-fund-recover-venezuelas-economy/">Venezuela economic recovery: US working on $10 bn fund</a> appeared first on <a href="https://internationalfinance.com">International Finance</a>.</p>
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