Monday, April 16, 2007

The Emancipation Of Venezuela

Venezuela Pays off World Bank-IMF Debt

Venezuela has announced its paid off its remaining debt to the World Bank and International Monterary Fund. Venezuelan President Hugo Chavez: "Today, with the last payment that debt that had been almost $3 billion since 1998. We also had a large debt with the IMF. Venezuela was hand tied. I can tell you today, that we don't owe a cent of debt to either the IMF or the World Bank."

Source: Democracy Now, April 16, 2007

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