Venezuela announced on Friday, July 17, that it had obtained access to $346 million of its own funds from the International Monetary Fund. The money will be used for recovery and to help those affected by the June 24 earthquakes.
This was reported by Venezuela's interim president, Delcy Rodríguez,…
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Venezuela
Government of Venezuela exempts commissions associated with point of sale operations in La Guaira
Point-of-sale operations in businesses in La Guaira, Venezuela, will be exempt from paying commissions for 90 days, according to the Venezuelan Banking Association (Asobanca).
In a press release, the association indicated: "The majority of…
The Central Bank of Venezuela reported an inflation rate of 13.8 % in June
The Central Bank of Venezuela revealed that during the month of June, the National Consumer Price Index (INPC) reached 13.8 %. It also highlighted that the accumulated inflation rate for the first half of 2026 was 129.82 %.
“The result for…
Cavecom promotes a technological and financial plan for commercial recovery in La Guaira and Aragua
The Venezuelan Chamber of Electronic Commerce (Cavecom), through its president, Richard Ujueta, announced a plan for the recovery of the commercial sector affected by the recent earthquakes in La Guaira and Aragua.
In this regard, he…
The use of stablecoins for everyday payments is growing in Latin America
The use of stablecoins in everyday payments in Latin America continues to increase. Digital currencies are a response to factors such as inflation, monetary weakness, financial volatility and difficult access to dollars.
In various LA…
Amazon announced an airlift for humanitarian aid to Venezuela
The American company Amazon announced the implementation of an airlift, in alliance with the United States Department of State, the Airlink association and the UN World Food Program (WFP), for the distribution of humanitarian aid to…
Venezuela requests UNDP assistance to boost housing construction
The Venezuelan government requested assistance from the United Nations Development Programme (UNDP) for housing construction following the earthquakes.
Although the actual number may exceed the estimate, some 17,345 people lost their homes…
Earthquake victims to receive aid for six months
The Venezuelan government indicated that economic aid will be allocated to those affected by the earthquakes for six months.
Likewise, the Executive Branch approved a decree for “the start of a subsidy plan of up to 80% on the mortgage…
Sending money to Venezuela instantly and without fees is possible through Bancamiga
Distance shrinks when solidarity and technology come together. With the aim of strengthening ties between those far away and their loved ones, clients, or business partners in the country, Bancamiga brings Venezuelans closer together with…
In Venezuela, the State of Emergency is in force due to the earthquakes of June 24
After the earthquakes of June 24, Venezuela decreed a State of Emergency throughout the territory, through Extraordinary Official Gazette No. 7039.
Through Decree 5,364, dated June 24, the State of National Emergency was declared to deploy…
Venezuela manages special $200 million reconstruction and technical assistance fund
Venezuela's interim president, Delcy Rodríguez, announced the creation of a $200 million reconstruction and assistance fund.
Rodríguez emphasized that this fund "will allow for the immediate allocation of emergency relief funds to affected…
Arturo Michelena International Airport in Valencia receives international flights
Arturo Michelena International Airport in Valencia, Carabobo state, has become Venezuela's air bridge for international flights following the preventative closure of Simón Bolívar International Airport in La Guaira state.
As is known, the…