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Op-ed: How Bad Does Venezuela Have to Get (Until We Say ‘Enough’)?

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By Linda S. Taglialatela

The people of Venezuela are suffering from man-made political and economic crises that have transformed a once thriving and prosperous democracy into a place beset by poverty, corruption, and repression.

More than three million Venezuelans have fled and sought refuge in other countries.  Maduro and his cronies have bled the country of its wealth, mismanaging the economy through corrupt dealings and restrictive laws and regulations that have decimated the private sector.

According to the Venezuelan human rights NGO Foro Penal, 700 political prisoners were detained and remain imprisoned in Venezuela since January 21 of this year.  Today, the average Venezuelan struggles daily to buy food and other basic amenities, and nearly 90 percent live in poverty.  The shocking photos last week of attempts to block humanitarian aid at the Colombian border speak to Maduro’s truculent indifference to the plight of Venezuelans.

The state of democracy in Venezuela has fared no better.  Maduro eroded and eventually destroyed all institutional checks on abuses of power, starting with the judiciary, before moving against the press, prosecutors, civil society, mayors and governors, and political parties. His destruction of democracy culminated in his disqualification of political rivals in advance of his claim to victory in the flawed and fraudulent presidential election of 2018.

When Maduro’s term expired in January, the democratically elected National Assembly—the only remaining legitimate democratic institution in Venezuela—voted to invoke the Venezuelan Constitution and designate Juan Guaido as Interim President of the country, as the Constitution mandates.  The United States is proud to be counted among the 51 countries that have recognized Interim President Guaido and his government.  Together, we call upon the democracies of the hemisphere, including in the Eastern Caribbean, to do the same.

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Despite the dire challenges facing the Venezuelan people, there is still reluctance in some quarters to criticize the illegitimate Maduro regime.  How much more suffering do the Venezuelan people need to undergo?  How long do they need to endure violations of their human rights and economic hardship before the hemisphere finally commits to unanimous condemnation of Maduro?

No country has the right to abuse its citizens and violate their human rights.  Doing nothing when abuses are committed in one’s neighborhood is like ignoring a neighbor who abuses his family, or turning away as someone is mugged in the street.   Human rights are universal – they have to be respected, regardless of whether these are violated domestically or internationally.  The racist apartheid government of South Africa also claimed that its abuses were a “domestic matter” and that states should not “interfere.”  The international community ignored these smokescreens.  Through sanctions, isolation and criticism, South Africa was forced to yield and recognize the votes and rights of its people.

Some have proposed dialogue instead of condemnation.  It has been tried before, most recently in 2018 in the Dominican Republic.  The illegitimate Maduro regime, however, was not interested in allowing free and fair elections to take place under credible international observation.  Time and time again, these dialogues have only served as a way for Maduro to maintain his grip on power, distract the international community, diffuse international pressure, and erode street pressure.

Countries that have supported democratic values elsewhere throughout the world should do the same in Venezuela.  Countries that have suffered from disenfranchisement, lack of self-determination, or repression of dissent should know all too well Venezuelans’ plight.  We understand this is not an easy decision, especially for those still saddled by Venezuelan debts accrued from years of cheap Venezuelan credit aimed to curry support in the region.  We urge the region to uphold its democratic values for fellow Venezuelans – Caribbean brothers and sisters – just as they would surely do if any other Caribbean nations ever found themselves under a similarly abusive regime.

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REQUEST FOR EXPRESSIONS OF INTEREST

(CONSULTING SERVICES – INDIVIDUAL SELECTION)

 

OECS MSME Guarantee Facility Project

Loan No.: IDA-62670, IDA-62660, IDA-62640, IBRD-88830, IDA-62650

Assignment Title: Senior Operating Officer (SOO)

Reference No. KN-ECPCGC-207852-CS-INDV

 

The Governments of Antigua and Barbuda, Commonwealth of Dominica, Grenada, St. Lucia and St. Vincent and the Grenadines have received financing in the amount of US$10 million equivalent from the World Bank towards the cost of establishing a partial credit guarantee scheme, and they intend to apply part of the proceeds to payments for goods, and consulting services to be procured under this project. 

The consultant will serve as the “Senior Operating Officer (SOO)” for the ECPCGC and should possess extensive knowledge of MSME lending with some direct experience lending to Micro, small and medium-sized businesses, knowledge of the internal control processes necessary for a lending operation and the ability to design and implement risk mitigation procedures. The ideal candidate should possess an Undergraduate Degree from a reputable college or university, preferably in Business, Accounting, Banking or related field, with a minimum of 5 years’ experience in lending, inclusive of MSME lending. The initial employment period will be for two years on a contractual basis. Renewal of the contract will be subject to a performance evaluation at the end of the contractual period. The assignment is expected to begin on September 30th, 2021.  The consultant will report directly to the Chief Executive Officer of the ECPCGC.

The detailed Terms of Reference (TOR) for the assignment can be viewed by following the attached link below. 

 

https://bit.ly/3iVannm

 

The Eastern Caribbean Partial Credit Guarantee Corporation (ECPCGC) now invites eligible “Consultants” to indicate their interest in providing the Services. Interested Consultants should provide information demonstrating that they have:

  • An Undergraduate Degree from a reputable college or university, preferably in Business, Finance, Banking or related field; and
  • Minimum of 5 years’ experience in MSME lending. Applicants should also have:
  • The ability to design and implement risk management procedures 
  • Extensive knowledge of MSME lending with some direct experience lending to small and medium-sized businesses
  • Extensive knowledge of MSME banking operations
  • Knowledge of the internal controls necessary for a lending operation and the ability to design and implement risk management procedures
  • Experience developing and presenting information in public, including responding to questions in real-time
  • Experience lending to MSMEs located in the ECCU
  • Knowledge of marketing and communicating with the MSME sector
  • Ability to draft procedures to be used in a lending operation
  • Familiarity with the mechanics of a loan guarantee program
  • Exceptional written, oral, interpersonal, and presentation skills, and
  • Proficiency in the use of Microsoft Office suite.

The attention of interested Individual Consultants is drawn to Section III, Paragraphs 3.14, 3.16, and 3.17 of the World Bank’s Procurement Regulations for IPF Borrowers July 2016, [revised November 2017] (“Procurement Regulations”), setting forth the World Bank’s policy on conflict of interest. A Consultant will be selected in accordance with the Approved Selection Method for Individual Consultants set out in the clause 7.34 of the World Bank Procurement Regulations for IPF Borrowers. 

 

Further information can be obtained at the address below during office hours 0800 to 1700 hours:

Eastern Caribbean Partial Credit Guarantee Corporation

Brid Rock, Basseterre,

St. Kitts.

Expressions of interest must be delivered in a written form by e-mail by August 11th, 2021, to [email protected]

 

For further information, please contact:

Carmen Gomez-Trigg                                                            Bernard Thomas

Chief Executive Officer                                                          Chief Financial Officer

Tel: 868-620-8144                                                                  Tel: 869-765-2385

Email: [email protected]                                          [email protected]