Exclusive: Venezuela debt restructuring to bring country 'out of shadows,' central bank chief says - Reuters

<a href="https://news.google.com/rss/articles/CBMiyAFBVV95cUxPcDVCWE8wWllzYnE0ZEhNWk5QMnA5d3RMWHUzN2J6ZXI4NFpNb1A1MGwzQWVHUHZ0RG1Kb1plakVlWmZ3bVZWanFvdkx4Vk9fb2tycDNyQUhhZm9oWTh0elE4TmpvQi0wY3l1WFU4Q0RSZWdEbU5ZYnRxcEFYU0MzSGl3eGZwSDVaSTZUSVZUY1YwSGlYZWo2M25vRlVjRnlELUxEdXI5RDU2WGZOcmxyMUp6aUdvRzdZOEgtajV4aUlpSmlEWk1JaQ?oc=5" target="_blank">Exclusive: Venezuela debt restructuring to bring country 'out of shadows,' central bank chief says</a>&nbsp;&nbsp;<font color="#6f6f6f">Reuters</font>

Venezuela's interim Central Bank President Luis Perez announced plans to restructure the country's sovereign debt and that of state oil firm PDVSA, aiming to reintegrate Venezuela into the global financial system. A delegation is set to meet with the International Monetary Fund (IMF) by month's end.

Venezuela has initiated one of the world's largest sovereign debt restructuring processes, aiming to alleviate external financing constraints and re-engage with the international financial system. The government plans to rework both sovereign and PDVSA debts, estimated at over $150 billion.

Venezuela has formally launched a comprehensive restructuring of its external public debt and that of state oil company PDVSA, aiming to free the country from accumulated debt burdens and reintegrate into the global financial system after nearly a decade in default.