Venezuelan lawmakers urge CAF to deny government loan request

Venezuelan lawmakers urge CAF to deny government loan request

Bonds Structured Finance Venezuela Loans Economy & Policy

Opposition lawmakers in Venezuela are calling on the Latin American development bank CAF to deny a $400m loan request from the administration of President Nicolas Maduro. Jose Guerra, a legislator and economist who heads the finance and social development committee in the National Assembly, publicly urged CAF to reject the application from the national development bank Bandes. The move marks the latest flare-up in long-simmering tensions between Maduro and lawmakers in the opposition-led congres

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