IMF, World Bank say restoring relations with Venezuela, recognizing interim government

The IMF and World Bank said Thursday they are restoring relations with Venezuela, further legitimizing the interim government and opening new doors to financial support.

"Guided by the views of International Monetary Fund members representing a majority of the IMF's total voting power, and consistent with long standing practice, the Managing Director Kristalina Georgieva today announced that the IMF is now dealing with the Government of Venezuela, under the administration of acting President Delcy Rodriguez," it said in a statement.