Maduro says Venezuela will honor debt commitments

Maduro says Venezuela will honor debt commitments


Maduro says Venezuela will honor debt commitments

The statement comes as the payment date of just over US $ 5 billion for the oil country’s securities approaches.

Venezuelan debt has seen a series of poor results in recent days amid investor concern over the country’s dollar shortage, which has worsened its economic variables and exacerbated the commodity shortage.

«We are ready to fulfill all of our international commitments. Down to the last dollar,» Maduro said on a loan for industrial sectors.

Although Venezuela has not broken its commitments in the recent past, a former Venezuelan minister and an economist close to the opposition wrote that the market fears the South American nation will default on the payment of several millions. of dollars expected for the first days of October.

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