Venezuela to withdraw $346 million
Photo: Miguel Medina/AP/TT

Venezuela to withdraw $346 million from IMF for earthquake reconstruction

Venezuela's interim president Delcy Rodríguez says the country will withdraw $346 million from the International Monetary Fund (IMF), in the form of reserve assets, for reconstruction after the earthquakes in the country.

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“This will help support the affected families with housing, infrastructure, essential public services and other needs,” Rodríguez said on Telegram.

IMF Managing Director Kristalina Georgieva confirms the disbursement of the funds and says on X that the organization "has collaborated with key partners to help Venezuela access its own resources from the Emergency Humanitarian Needs Fund."

The two earthquakes that struck in June were the strongest to hit the country in over 100 years. More than 5,000 people have been confirmed dead so far after the disaster.

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AuthorTT News AgencyEnglish edition by Sweden Herald, adapted for our readers
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