Venezuela Draws $346 Million From IMF for Earthquake Recovery
The loan will fund reconstruction and aid for families after earthquakes killed more than 5,000 people and left nearly 18,000 homeless, authorities said.
- Venezuela secured $346 million from the International Monetary Fund to assist with reconstruction efforts following two strong earthquakes in June 2026, acting President Delcy Rodríguez announced.
- The twin earthquakes on June 24 measured 7.2 and 7.5 in magnitude and caused over 5,000 deaths and about 16,740 injuries, with severe damage in the coastal state of La Guaira.
- Relations between Venezuela and the IMF resumed in April 2026 after a seven-year break following the U.S.-backed removal of Nicolás Maduro and recognition of the interim government led by Rodríguez.
- Despite allegations of a slow disaster response and initial rescue difficulties, Rodríguez denied any slow or chaotic reaction to the earthquakes.
64 Articles
64 Articles
The death toll from two consecutive earthquakes in Venezuela has risen to over 5,000, while the International Monetary Fund has approved $346 million in emergency aid.
More than 5,000 people died in devastating earthquakes that struck Venezuela last month. Caracas received $346 million from the International Monetary Fund (IMF) for post-quake reconstruction.
Venezuela borrows nearly $350 million from International Monetary Fund for quake reconstruction
WASHINGTON — The Venezuelan government is borrowing $346 million from the International Monetary Fund to help pay for efforts to rebuild parts of the country hit by devastating double earthquakes last month, acting President Delcy Rodríguez said. Rodríguez wrote on Telegram on Friday that the money was to be used for reconstruction and to support the affected families. She thanked IMF chief ...
(Mexico City = Yonhap News) Correspondent Song Gwang-ho = Venezuela, suffering from massive earthquake damage, has secured reconstruction funds worth 500 billion won from the International Monetary Fund (IMF)...
Efecto Cocuyo
Venezuela has agreed to 346 million dollars of “its own resources” from the International Monetary Fund (IMF) for the recovery and reconstruction process following the devastating earthquakes of June 24, announced this Friday the president in charge, Delcy Rodríguez. In a statement, the president explained that the funds will allow “to support the affected families in housing, infrastructure, essential public services, among other requirements.”…
Coverage Details
Bias Distribution
- 39% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
