Washington DC, April 17 -- The International Monetary Fund (IMF) has announced that it is resuming its dealings with Venezuela, under its interim leadership, ending a suspension that had been in place for the past seven years due to government recognition issues.

In a statement issued on Thursday, IMF Managing Director Kristalina Georgieva said the decision follows the views of IMF members representing a majority of the Fund's total voting power and is consistent with long-standing institutional practice.

The Fund said it is now engaging with the Government of Venezuela for the first time since March 2019, under the administration of acting President Delcy Rodriguez.

"Guided by the views of International Monetary Fund (IMF) members rep...