IMF Discreetly Preps Massive Aid Package For "Day After" Maduro's Fall

The International Monetary Fund is reportedly making plans for the "day after" embattled President Nicolas Maduro's fall, according to Bloomberg. Though there's been little momentum in military defections following US-backed opposition leader Juan Guaido's offer of amnesty to any army officer that switches loyalties, Washington sanctions have effectively strangled state-owned PDVSA's access to global markets. News of IMF maneuvering also comes amidst fresh reports the US is amassing aircraft, troops and armored vehicles on the Venezuelan border under the pretext of getting humanitarian aid into the country.

The only significant cash flow that remains after the oil sanctions is through India, Venezuela’s second-biggest oil market after the United States, which still recognizes the Maduro government, and is now reportedly seeking to avoid purchases through US banks and even financial institutions with a heavy US presence. According to a Reuters report on Friday, "India has asked one buyer of Venezuelan oil to consider paying the South American nation’s national oil company PDVSA in a way that avoids the U.S. financial system, an Indian government source said, after Washington imposed fresh sanctions on Venezuela last month."

https://www.zerohedge.com/news/2019-02-15/imf-discreetly-prepping-massive-aid-package-day-after-maduros-exit