VENEECONOMIST
Analysis · APRIL 17, 2026

New BCV President Amid Full Reconnection: What to Expect from Luis Pérez and Why Timing Matters

Delcy Rodríguez appointed Luis Pérez as new BCV president after Laura Guerra's resignation. The change occurs in the densest week for Venezuela's financial system in a decade.

Delcy Rodríguez has appointed Luis Pérez as the new president of the Central Bank of Venezuela following Laura Guerra's resignation. The change lands in the densest week Venezuela's financial system has seen in a decade: GL-57 reconnects the banks to the dollar, the IMF resumes relations after 7 years, and Conindustria projects US$6 billion entering the formal circuit. The profile of the new BCV will set the pace of exchange-rate normalization and its institutional credibility with the Fund.

The timing of the BCV change is not accidental. Venezuela needs a profile capable of handling three processes that converged this week at once: the banking reconnection through GL-57 (correspondent relationships, international transfers, dollar payments), technical dialogue with the IMF (Article IV, publication of auditable data) and exchange-rate management in a context where the gap between the official rate and the digital market is compressing.

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FURTHER READING

04
VE PULSE · 15-OCT-2026

Calixto Ortega takes the IMF a plan for the bolívar to cover every domestic transaction in Venezuela

Before the Fund, the vice president for the economy ruled out dollarization. The plan published by the central bank leaves the dollar to foreign trade and sets two-digit inflation as the condition, with no date to reach it.

ANÁLISIS · FINANZAS PÚBLICAS · RECAUDACIÓN TRIBUTARIA

SENIAT: Venezuela collects 37.6% more in dollars and 25.8% more in real terms

SENIAT reported $1.198 billion in September 2026, converted at the central bank's official rate, which rose less than inflation. Deflated by the consumer price index, the increase is 25.8%. March was the year's peak, April and July were not published, and it is not on record whether the totals include oil taxes that OFAC sends to the Treasury fund.

SECTOR BRIEF · VE-MACRO

Venezuela macro August 2026: the slide moderates and the accounts remain unaudited

The official rate rose 19.84% in July, but in August the slide eases to 5.09%. The central bank reported 7.14% growth in the second quarter and the Fund projects 4% for the year: nothing available today arbitrates between the two figures.

OFAC · GL 60A

GL 60A — Earthquake Relief Efforts (through April 21, 2027)

Authorizes, through 12:01 a.m. eastern daylight time on April 21, 2027, all transactions related to earthquake relief efforts in Venezuela that would otherwise be prohibited by the Venezuela Sanctions Regulations (31 CFR part 591). Note 1 covers the processing and transfer of funds on behalf of third-country persons and lets U.S. financial institutions and registered money transmitters rely on the originator. It does not unblock blocked property or authorize what other executive orders prohibit. Supersedes GL 60, whose text it repeats except for the expiration date.