OREANDA-NEWS. July 27, 2016. Executive Board of the International Monetary Fund (IMF) was briefed by staff on economic developments in Venezuela, whose Article IV consultation is delayed by 127 months.

Informal sessions to brief the Board based on information available are held approximately every 12 months for members whose Article IV consultations are delayed by more than 18 months.

For more information visit: http://www.imf.org/external/pp/longres.aspx?id=4632 and http://www.imf.org/external/np/sec/pr/2014/pr14128.htm