Venezuela creates initial $200 million reconstruction fund following the earthquakes

The Daily Journal.— Venezuela’s acting president, Delcy Rodríguez, announced Thursday the creation of an initial fund worth $200 million to finance the reconstruction of areas affected by the June 24 earthquakes. She said the government expects to recover those resources through the International Monetary Fund. During a press conference with international media, Rodríguez explained that […]

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CAF creates a reconstruction fund after earthquakes and commits $1 million

The Daily Journal. — The Development Bank of Latin America and the Caribbean (CAF) has announced the creation of the Venezuela Recovery and Reconstruction Fund, a trust designed to gather resources from multiple sectors and channel them toward addressing the crisis caused by the June 24 earthquakes. The initiative complements an earlier direct donation of […]

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