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The Nexus
WORLDJul 9 · 09:50 UTCTHE RIO TIMESMatias Sebastian Lopez

The IMF Counted Votes on Venezuela. Britain Uses a Different Rule

The IMF resumed dealings with Venezuela on April 16, guided by members holding a majority of voting power. Venezuela holds $4.9bn in reserve tranche and drawing rights, with Caracas announcing a $200m initial draw for reconstruction. Britain applied a different rule in the process.

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IMForganizationVenezuelaplaceCaracasplaceUnited Kingdomplacereserve tranchetopicdrawing rightstopicThe Rio Timesorganization
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The IMF Counted Votes on Venezuela. Britain Uses a Different Rule · The Nexus