Menendez Lauds IMF Reprimand of Maduro Regime

Menendez Lauds IMF Reprimand of Maduro Regime


NEWARK – U.S. Senator Bob Menendez (D-NJ), Ranking Member of the Senate Foreign Relations Committee, issued the following statement after the International Monetary Fund (IMF) voted on Wednesday to censure the Maduro regime for failing to provide key data about the economic crisis in Venezuela.

“While the world is growing increasingly aware of the pervasive economic and humanitarian crisis plaguing Venezuela, the true scope of this tragedy is undoubtedly far worse than is currently known. Since his rise to power in 2013, Nicolas Maduro has gone to extensive lengths to ban the publication of economic data and paper over the catastrophic conditions in Venezuela.

“The IMF’s decision to censure Venezuela today marks a sharp rebuke of Maduro and his disastrous management of his country’s economy. I urge the IMF to continue pressuring Venezuela for honesty and transparency in their economic data. For years, the Maduro regime has brazenly lied to its own people and the rest of the world about the worsening situation in Venezuela. And as refugees and economic migrants continue to flee Venezuela, the international community urgently needs to get a better grip on the depths of the crisis at hand and a plan to deal with the aftermath.” 


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