11:49 AM


Venezuela's Pdvsa pays bonds maturing in 2014, 2015 and 2016

The bonds were issued on October 28, 2009 (File photo)
On Friday, state-run oil company Petróleos de Venezuela (Pdvsa) issued a communiqué informing holders of Pdvsa bonds Petrobonos maturing in 2014, 2015 and 2016 that, as set forth in the pre-established conditions for the bonds issued on October 28, 2009, repayment of principal and interest of the Pdvsa bond 2014 will be made next Tuesday, October 28
10:33 AM


Finance ministry estimates debt of the central gov't at USD 127.8 billion

Foreign debt hit USD 44.4 billion (File photo)
Oil and tax revenues have not been enough to meet public expenditure in Venezuela. Against this backdrop, the Executive Office has got into further debts, which have grown 21% in 12 months.