Venezuela, rich in natural resources and with one of the largest oil and mineral reserves in Latin America and the Caribbean, is a country with huge potential to reach sustainable economic and social development.
From the beginning of the past decade until late 2014, Venezuela has benefited from historically high oil prices, which enabled increased public spending on ambitious programs. The government established a variety of public companies and nationalized many private firms in sectors such as oil and gas, mining and metallurgy, cement, banking and telecommunications. Large social programs called m...
The government prepaid its debt with the World Bank in 2007. The Bank currently has no active lending portfolio in Venezuela.
Country Director for Bolivia, Chile, Ecuador, Peru and Venezuela.
Operations Manager for Bolivia, Chile, Ecuador, Peru and Venezuela