Director of the Communications Department at the International Monetary Fund (IMF), Julie Kozack, has hinted that the Fund is considering setting up an office in Venezuela.
Briefing the press yesterday ahead of the 2026 IMF and World Bank Annual Meetings, Kozack explained that the move is aimed at facilitating technical cooperation and capacity development for the country.
“The Fund and the Venezuelan authorities are considering a local presence in Venezuela to facilitate this technical cooperation and capacity development,” she stated.
Kozack added that the timing and modalities of such a presence are still being discussed.
“The timing and modalities are still being discussed, but we’ll keep you updated as those discussions continue,” she added.
On whether Venezuela is seeking assistance from the Fund, Kozack was quick to clarify that the country has not requested any IMF program, adding that the Fund remains willing to provide assistance once requested.
“The Venezuelan authorities have not requested an IMF program, nor have they requested financing from the IMF. Any financing that would be provided would be only at the request of the authorities,” she emphasised.
This comes after the Fund resumed formal relations with Venezuela in April 2026 under interim President Delcy Rodríguez, ending a freeze that began in 2019, with IMF Managing Director Kristalina Georgieva also meeting with Rodríguez on the sidelines of the UN General Assembly on September 21.
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