SDRs Archives - The Daily Journal

What will happen to Venezuela’s funds frozen abroad?

August 6, 2026August 6, 2026Tatiana Da GamaLeave a Comment

The Daily Journal.— Following the events of January 3, 2026, and amid changing relations between Venezuela and the United States, the fate of Venezuelan state funds frozen abroad has once again become a major issue. According to Bloomberg, Washington is considering a partial release of frozen assets, estimated at between $20 billion and $30 billion, […]

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

July 18, 2026July 18, 2026Tatiana Da GamaLeave a Comment

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 […]

Consecomercio proposes reconstruction law and relief plan for earthquake victims

July 4, 2026July 4, 2026Tatiana Da GamaLeave a Comment

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 […]