IMF warns Venezuela’s economy and humanitarian situation is ‘quite fragile’
Al Jazeera
Figures show Venezuela’s public debt sits at roughly 180 percent of its GDP as the country struggles with tumult.
The International Monetary Fund (IMF) has described Venezuela’s economic and humanitarian situation as “quite fragile”, pointing to an estimated triple-digit inflation and a sharply depreciating currency.
In a briefing on Thursday with reporters, spokeswoman Julie Kozack said the organisation continues to closely monitor developments in the South American nation, even though the IMF has had no formal relations with the Venezuelan government since 2019.
Kozack emphasised that any decision to re-engage would depend on guidance from the IMF’s member countries and the broader international community.
Economic and political crises in Venezuela have driven massive emigration: Since 2014, roughly a quarter of Venezuela’s population – about 8 million people – has left the country, creating one of the largest displacement crises in recent history.
The Venezuelan economy in 2026 remains in a state of deep structural crisis.
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