Venezuela Quits IMF and World Bank

1 de may de 2007

<body><div id="article"><tr><td height="28" valign="middle" width="184"></td><td valign="middle" width="185"></td></tr><h1>Venezuela Quits IMF and World Bank</h1><p>President Hugo Chavez announced Venezuela would formally exit from both the World Bank and IMF, reports from Caracas on April 30. "We will no longer have to go to Washington, nor to the IMF, nor to the World Bank, nor to anyone," he said. He said he wanted to formalize the country's leaving both bodies "tonight, and ask them to return what they owe us." Venezuela has paid off its debts to both. A day earlier, Chavez told a group of leaders from the continent, that he thought Ibero-America would be better off without the World Bank and IMF.</p></div></body>