Government has allocated just 8.4% of homes promised to earthquake victims

The Daily Journal.- The Venezuelan government has allocated 335 new homes to families affected by the June 24 earthquakes, representing 8.4% of the 4,000 homes that Delcy Rodríguez’s administration has pledged to deliver before the end of 2026. “We have delivered 335 new homes, benefiting 1,172 people, and restored 1,001 homes, benefiting 3,503 people,” Rodríguez […]

Continue Reading

Banco de Venezuela to process housing loans digitally for earthquake victims

The Daily Journal.- Banco de Venezuela (BDV), the country’s leading financial institution, has launched a digital application process for housing loans aimed at families affected by the June 24 earthquakes as part of the government’s Venezuela Renace Fund program. The program offers financing and government subsidies for home purchases, with terms that vary by property […]

Continue Reading

Debris removal in La Guaira could take at least a year

The Daily Journal – Removing the debris left by the two powerful earthquakes that struck Venezuela two months ago could take approximately one year, according to estimates from specialists and the government headed by Delcy Rodríguez. Meanwhile, authorities have yet to begin housing reconstruction formally, and thousands of people who lost their homes remain in […]

Continue Reading

U.S. delivers 20 machines to speed up debris removal after earthquakes

The Daily Journal.- The United States delivered 20 remotely operated heavy machines to Venezuela to speed up the removal of debris left by the June 24 earthquakes, according to John Barrett, Chargé d’Affaires at the U.S. Embassy in Caracas. The United States coordinated the delivery with U.S.-based TFI Solutions. The machines will operate in hard-to-reach […]

Continue Reading

IDB president rules out immediate resumption of loans to Venezuela

AFP.— Inter-American Development Bank (IDB) President Ilan Goldfajn ruled out an immediate resumption of lending to Venezuela on Monday, despite the restoration of relations between both sides after an eight-year break. In June, the IDB accepted Venezuela’s appointment of Calixto José Ortega Sánchez as the country’s new governor to the institution, fully restoring bilateral ties. […]

Continue Reading

Delcy Rodríguez meets with IDB executives to advance Venezuela’s economic and social development

The Daily Journal — Acting President Delcy Rodríguez met with a delegation from the Inter-American Development Bank (IDB) in Caracas on Friday, according to the Presidential Press Office. Anabel González, the IDB’s Vice President for Countries and Regional Integration, led the delegation alongside Andre Soares, the institution’s country office chief, and Miguel Coronado, General Manager […]

Continue Reading

Venezuela gains access to $346 million from the IMF for post-Earthquake reconstruction

The Daily Journal — Acting President Delcy Rodríguez announced on Friday that Venezuela has secured an initial $346 million from its own funds held at the International Monetary Fund (IMF) following the emergency caused by the twin 7.2 and 7.5 magnitude earthquakes that struck the country’s northern region on June 24. “Following the devastating twin […]

Continue Reading

Private banks waive point-of-sale transaction fees for 90 days in La Guaira

The Daily Journal. — Three weeks after the earthquakes that struck north-central Venezuela, the Venezuelan Banking Association (Asobanca) announced financial relief measures for businesses in La Guaira state. The banking association reported that about 40% of the 12,300 point-of-sale terminals operated by private banks in the state are currently processing commercial transactions. According to Asobanca, […]

Continue Reading

Fedecámaras highlights the importance of the rapid reintegration of earthquake victims

The Daily Journal. — Fedecámaras President Felipe Capozzolo stressed the importance of strengthening the production chains of the construction, apparel, and textile sectors to accelerate the rapid reintegration of everyone affected by the twin earthquakes that struck Venezuela on June 24. Capozzolo emphasized the need to guarantee housing and employment so people affected by the […]

Continue Reading

India concludes humanitarian mission after performing more than 8,000 medical procedures

The Daily Journal — India’s Ministry of External Affairs announced Friday the conclusion of Operation Dost (Operation Friendship), the humanitarian assistance mission the country deployed to Venezuela following the earthquakes that struck in June. Indian authorities reported that the field hospital established in Caracas carried out more than 8,000 medical procedures and laboratory tests, including […]

Continue Reading