UNDP estimates Venezuela’s post-earthquake recovery needs at US$21 billion

The Daily Journal.- Venezuela will need an estimated US$21 billion to recover from the earthquakes that struck the country on June 24, according to the Post-Disaster Needs Assessment (PDNA) that the United Nations Development Program (UNDP) presented Tuesday in Caracas. The amount covers “measures to build back better, ensure resilience and reduce risk conditions,” UNDP […]

Continue Reading

With three months left in 2026, government has delivered 13% of homes promised to disaster victims

The Daily Journal.- The Venezuelan government has delivered 528 homes to people affected by the earthquakes that struck on June 24, representing 13.2% of the 4,000 housing units that Delcy Rodríguez’s administration pledged to deliver before the end of 2026. State-run television channel Venezolana de Televisión (VTV) reported the figure on Wednesday during a broadcast […]

Continue Reading

How much does it cost to repair a home in Caracas after the June 24 earthquakes?

The Daily Journal.- The two powerful earthquakes that struck several regions of Venezuela on June 24 caused structural damage to homes, buildings and public spaces. Caracas, one of the hardest-hit cities after La Guaira, woke up to cracked walls and ceilings and buckled floors. More than two months after the earthquakes, thousands of families still […]

Continue Reading

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

Official earthquake death toll rises to 6,438

The Daily Journal. — The death toll from the June 24 earthquakes has risen to 6,438, according to figures released Monday by Delcy Rodríguez’s administration. The official report also indicates that healthcare facilities nationwide have treated 86,358 people. Infrastructure damage assessments and housing allocation Technical teams have inspected 59,109 properties to determine the extent of […]

Continue Reading

Dialogue talks agree to pursue recovery of Venezuelan assets at Bank of England

The Daily Journal. — The administration of Delcy Rodríguez and the National Assembly elected in 2015 agreed to focus their efforts on recovering Venezuela’s international reserve assets held at the Bank of England, as part of the agreements reached during the first round of talks between the two sides. The commitment forms part of the […]

Continue Reading

Business leaders demand reconstruction plan rely on Venezuelan companies

The Daily Journal – Nearly two months after the two major earthquakes that devastated parts of the country on June 24, the Venezuelan Confederation of Industrialists (Conindustria), the Venezuelan Chamber of Construction (CVC) and the United Nations Development Programme (UNDP) held a high-level meeting to define the operational and strategic phases of Venezuela’s Reconstruction Plan, […]

Continue Reading

Key points of Venezuela’s new legal framework for construction and rental housing

The Daily Journal.- Following the June 24 seismic event, concerns over housing safety, the future of construction projects, and protections for tenants and property owners have moved to the center of the legislative debate. Amid speculation about potential land seizures in high-risk areas or expedited evictions, lawmaker Alejandra Rodríguez, second vice president of the Special […]

Continue Reading

At least 1,579 people remain missing after earthquakes, La Guaira governor says

The Daily Journal.— At least 1,579 people remain missing following the June 24 earthquakes, a disaster that has claimed 6,125 lives, according to La Guaira Governor José Alejandro Terán, who spoke Tuesday with Colombia’s Caracol Radio. The governor said the figures come from a census currently underway in the disaster zone. “Based on the information […]

Continue Reading