Washington, DC: In line with the standard procedures for members whose Article IV consultations with the IMF are extensively delayed, on November 11, 2022, the Executive Board was briefed by staff on recent economic developments in Venezuela. Informal sessions to brief the Executive Board based on publicly available information are routinely held, approximately every 12 months, for members whose Article IV consultations are delayed by more than 18 months. The Article IV consultation with Venezuela is delayed by 190 months.
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