IMF says it is reviewing data provided by Venezuela
WASHINGTON (AP) — The International Monetary Fund says it is currently reviewing delayed economic data provided by Venezuela.
IMF spokesman Gerry Rice told reporters Thursday that the executive board will determine whether the South American country has met its obligation to share periodic information.
He said: “At this stage, we are reviewing data that we have received from Venezuelan authorities.”
The IMF issued a declaration of censure against Venezuela in May for its failure to implement remedial economic measures and provide required information. At the time, it gave Caracas six months to respond with updated figures.
Venezuela’s central bank hasn’t published official economic data since 2004.