1 of 1
Story summary
- Venezuela and the World Bank reported July 23, 2026 that the June 24 earthquakes caused US$19.6 billion in damage, killed 5,000 people, injured nearly 17,000, left 18,000 homeless and accounted for about 18 % of GDP.
- Reconstruction could total US$50 billion, with US$9.8 billion financing funding a plan and raising debt-to-GDP by 8.1 percentage points by 2036.
- Over 900 schools and 38 hospitals were damaged, prompting the Bank to coordinate with Inter-American Development Bank and CAF.
