Venezuela's $150B Debt Crisis: Unresolved
Update: 2025-12-19
Description
Venezuelas Unresolved Debt Crisis: A Looming $150 Billion ProblemVenezuela, facing a $150 billion debt crisis, has been in default since 2017 due to economic collapse and U.S. sanctions. The total external liabilities, including unpaid principal, interest, and legal claims, have grown significantly. Analysts estimate Venezuela owes around $60 billion in defaulted bonds, but the total external debt could reach $150 billion when accrued interest and court judgments are considered. With a projected GDP of $82.8 billion for 2025, the debt-to-GDP ratio could be between 180% and 200%. A formal debt restructuring seems unlikely due to Venezuelas lack of IMF consultations and U.S. sanctions. The future of Venezuelas economy remains uncertain, dependent on political shifts and international relations.
The Daily News Now! — Every city. Every story. AI-powered.
Hosted on Acast. See acast.com/privacy for more information.
Comments
In Channel
Download from Google Play
Download from App Store
United States00:00
00:00
x
