Central Bank of Venezuela
The US suspends sanctions against Venezuela for COVID-19 related purchases
The OFAC published a license authorizing transactions of Venezuelan state banks where related to combating the pandemic
Dollarization in Venezuela causes a boom in imported goods stores
The private sector sidesteps blockade and replaces the State in supplying goods
Venezuela’s ability to fight COVID-19 is hamstrung by 31 metric tons of gold stolen from its treasury
The Bank of England has refused to hand over 31 metric tons of gold that belongs to Venezuela. This gold worth $1.95 billion is planned to go toward the purchase of essential medical equipment and supplies
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