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 […]

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UNDP: Venezuela’s economy to grow 6.5% in 2026, with inflation near 385%

The Daily Journal.— The United Nations Development Program (UNDP) projects that Venezuela’s Gross Domestic Product (GDP) will grow by approximately 6.5% by the end of 2026, supported by stronger oil activity and greater access to private capital, even as the country faces estimated inflation of 385%. The multilateral organization presented the estimate in its Venezuela […]

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Earthquakes caused $6.7 billion in direct damage, UNDP estimates

The Daily Journal.- The two earthquakes that struck on June 24 caused an estimated $6.7 billion in direct damage, according to the United Nations Development Program (UNDP), which warns that the main economic indicators do not fully capture the scale of the losses to assets and property. The estimate appears in the report Venezuela’s Macroeconomic […]

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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 […]

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