CARACAS, May 13, 2026 (BSW) - Press Release from Business Wire: The Bolivarian Republic of Venezuela

NAMPA / AFP

2026-05-13

The Bolivarian Republic of Venezuela announces today its decision to initiate a comprehensive restructuring of its external public debt obligations. CONTEXT & RATIONALE Over the past decade, Venezuela's economy has been severely impacted by external shocks - from the end of the commodity super-cycle to foreign sanctions and COVID-19 - resulting in a sharp economic contraction, a protracted default since 2017, and a ballooning of pu......

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