More than 5,000 people are reported to have died in the twin earthquakes that struck Venezuela last month, according to officials. The quakes hit within about a minute of each other on June 24 and heavily affected the coastal state of La Guaira, north of Caracas, which was described as being devastated. In response to the disaster and related humanitarian needs, the International Monetary Fund (IMF) confirms it releases support by allowing Venezuela to draw on funds from its reserve tranche. France 24 reports Venezuela is able to tap $346 million from the IMF for reconstruction, while Free Malaysia Today says the IMF confirms the country has accessed the reserve-tranche portion for urgent humanitarian purposes. The reports collectively indicate that the IMF’s disbursement is tied to immediate relief and early recovery efforts. The exact breakdown between humanitarian spending and reconstruction is not detailed in the excerpts, but both sources link the IMF funding to the post-quake response as the death toll continues to rise.
Venezuela quake death toll exceeds 5,000 as IMF releases reconstruction funds
More than 5,000 people are reported to have died in the twin earthquakes that struck Venezuela last month, according to officials. The quakes hit within about a minute of each other on June 24 and hea...
- Venezuela experiences twin earthquakes on June 24, striking within about a minute of each other.
- The reported death toll in the earthquakes exceeds 5,000 people.
- The coastal state of La Guaira, north of Caracas, is reported as heavily affected.
- The IMF confirms Venezuela draws on reserve-tranche funds for urgent humanitarian needs and recovery.
- France 24 reports the available IMF amount for reconstruction is $346 million.
More than 5,000 people were killed in the twin earthquakes that struck Venezuela last month, officials said, adding that the country would tap $346 million from the International Monetary Fund (IMF) for reconstruction. The coastal state of La Guaira, located north of Caracas, was decimated in the quakes that struck within a minute of each other on June 24.
2 hours agoThe International Monetary Fund confirms Venezuela has drawn funds from its reserve tranche for urgent humanitarian needs.
7 hours ago
Skyroot Vikram-1 launches India’s first privately developed orbital rocket
India’s first privately developed orbital-class rocket, Skyroot Aerospace’s Vikram-1, lifts off from the Satish Dhawan S...
YES Bank Q1 FY27 net profit rises 33.7% to Rs 1,071 crore
YES Bank reports that its net profit for the quarter ended June 30, 2026 (Q1 FY27) increases by about 33.7% to Rs 1,071...
Iranian strikes reported in Bahrain and Kuwait after US wave against Iran
Air raid sirens sound in Bahrain and Kuwait after the U.S. launches a new round of strikes against Iran. Multiple outlet...