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

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

Implementing the Housing–Developer Bond

Audio: https://clyp.it/jidb3dww Guillermo García N.— Given the serious housing problem resulting from the earthquakes that struck on June 24, urgent solutions and the participation of multiple sectors are required. Access to financing has become a critical factor. Banks must make every effort and, within their means, support not only financing for builders but also the long-term […]

Continue Reading

Jacqueline Faría and Francisco Garcés to lead infrastructure and transportation reconstruction after earthquakes

The Daily Journal — Acting President Delcy Rodríguez announced changes to her cabinet and the creation of a high-level body that will oversee and coordinate Venezuela’s national reconstruction effort following the earthquakes that struck the country on June 24. Rodríguez appointed Francisco Garcés as the new Minister of Transportation. She highlighted his technical background, describing […]

Continue Reading

Consecomercio proposes reconstruction law and relief plan for earthquake victims

The Daily Journal.— Consecomercio has presented a legislative proposal to support Venezuela’s reconstruction following the earthquakes that affected several regions of the country. The proposal also calls for financial mechanisms and coordinated action between the public and private sectors to address the emergency. In a statement, the business association said it submitted the draft Law […]

Continue Reading

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 […]

Continue Reading