The Daily Journal — Venezuela’s Acting President Delcy Rodríguez said on Monday that the economic impact of the June 24 earthquakes remained “localized” and stated that the country’s main sources of revenue continue to grow, including oil production, which she said has reached 1.2 million barrels per day.
Speaking at a National Economic Council meeting with private-sector representatives, Rodríguez said the seismic emergency has not altered the government’s macroeconomic projections or its plans to expand the oil industry.
“From an economic standpoint, we could say the impact has remained local,” the acting president said.
“Our country’s sources of revenue continue on their growth path. Oil production has already reached 1.203 million barrels per day,” she added.
Rodríguez said the government has kept its oil production growth target for this year unchanged despite the damage the earthquakes caused to infrastructure in parts of central Venezuela.
“We are maintaining this year’s oil production growth plan. Nothing has disrupted it,” she said.
Rodríguez also said tax collection continues to post positive results and noted that government revenue has increased in the weeks following the emergency.
On the broader economy, she highlighted a 33% increase in real consumption in June, which she said reflects the continuation of the government’s economic recovery strategy.
“We are moving along the path of restoring the Venezuelan economy,” she said.
Rodríguez did not provide an official estimate of the emergency’s fiscal impact or specify the cost of the recovery effort. However, she insisted that the country’s key economic indicators remain stable and that strategic sectors have continued operating without significant disruptions.
