Washington, April 16 (RHC)-- The director of the International Monetary Fund (IMF), Christine Lagarde, said that majority of the organizations executive committee members have failed to recognize opposition lawmaker Juan Guaido as the interim president of Venezuela.
It has to be a large majority of the membership actually recognizing diplomatically the authorities that they regard as legitimate, Lagarde said in a press conference at the IMF and World Bank spring meetings in Washington.
This sets back the effort of U.S. Treasury Secretary Steven Mnuchin who said that he'd had discussions with the IMF about the process for recognizing Guaido as Venezuelas leader. "There were discussions we had this week at the IMF about that, and what their process would be to do that, he said.
The IMF, based in Washington is one of the instruments used by the Donald Trump administration to attack the Venezuelan economy with the aim of destabilizing the government of Nicolas Maduro. On April 11, the agency suspended access of the Venezuelan government to $400 million of special drawing rights (SDR), a fund that every country in the world is entitled to.
