Venezuela pays off $2.1 million debt to Chile

Protests in Venezuela
María Alejandra Mora/Global Panorama

The Central Bank of Venezuela has paid its Chilean counterpart $2.1 million dollars, owed under a Latin American trade agreement.

According to a statement released by the Central Bank of Chile on March 14, “Venezuela paid the debt … owed from the default incurred in the second compensation of the May-August 2017 quarter.”

Venezuela’s $2.07 million debt was due on September 8, 2017; the nation had to pay $34,000 in interest due to the lateness of the payment.

Venezuela is a member of the

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