A U.S. official told reporters that the U.S. would commit around $171 million in cash for Venezuela at a donor meeting on Friday in Brussels, as the country’s opposition awaits U.S. efforts to clear frozen Venezuelan government funds.
The promise is anticipated during a European Union-backed meeting on solidarity with Venezuelan refugees and migrants.
The U.S. official did not explain the financing, which expands on the $376 million Washington promised last year.
Washington recognizes Venezuela’s opposition congress and denounces President Nicolas Maduro’s tyranny.
Former President Donald Trump tightened sanctions on South America. It froze and confiscated Venezuelan government cash at the U.S. Federal Reserve Bank of New York and used them to assist opposition M.P.s.
The opposition has complained that the U.S. approval procedure to replace deposed leader Juan Guaido as its point person for finance distribution is taking too long. They say cash will aid humanitarian needs.
Maduro’s regime accuses the opposition of stealing public funding for social and medical services and opposes U.S. political meddling.