Venezuela to Restructure Debt with Western Creditors, Oil Output Surpasses 1M BPD
6 Articles
6 Articles
Vice-presidential Sectoral of Economy of the interim indicated that in a few months a macro-financial and sustainability framework would emerge. Photo: EFE A “comprehensive and orderly process” of restructuring the country's external public debt and of Venezuela's Petroleums (Pdvsa) announced the government in charge of Delcy Rodríguez. The central objective, according to the communiqué released, is to put “the economy at the service of the Vene…
Economic and Political Realism: Critical Points of Venezuela’s Public Debt Restructuring
By Misión Verdad – May 15, 2026 The Venezuelan government has officially launched a “formal, comprehensive, and orderly” process for the restructuring of its external public debt and the debt of the state-owned oil company Petróleos de Venezuela (PDVSA), after nearly a decade of selective default. In a statement issued by the Vice Presidency of Economy and Finance, the Venezuelan government stated that historically the country has faithfully h…
Venezuela to restructure debt with western creditors, oil output surpasses 1M BPD
Caracas will reportedly present macroeconomic and debt sustainability plans to international financial actors next month. ExxonMobil and ConocoPhillips are reportedly weighing a return to the country almost two decades after their assets were nationalised. By Ricardo Vaz CARACAS, (venezuelanalysis.com) – The Venezuelan acting government announced the formal launch of a restructuring process of the country’s sizable foreign debt. In a statement p…
The announcement made this week by the National Executive to start the process of restructuring the foreign debt and that of the company Petróleos de Venezuela (Pdvsa) raises questions, which must be cleared in a short time because no one knows for sure how many the amounts are, since it ranges from 150 billion [...] The entry Economist Héctor Mantilla: The restructuring of Venezuela's debt will not be an easy task to be resolved by the governme…
The NGO Transparency Venezuela warned about the process of restructuring public assets and foreign debt announced by the government of Delcy Rodríguez. The organization noted serious risks of opacity and possible irregular delivery of state goods. On Wednesday, May 13, the Sectoral Vice Presidency of Economy reported the beginning of a formal process to restructure the external public debt of the Republic and of Pdvsa. Authorities indicated that…
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