Venezuela Accesses US$346 Million in IMF Reserves for Earthquake Reconstruction

Venezuela · Economy Key Facts —The Drawdown. Venezuela accessed US$346 million from its IMF reserve tranche for earthquake reconstruction on 18 July 2026. —The Disaster. Twin earthquakes on 24 June 2026 caused a death toll surpassing 5,000 and widespread infrastructure damage. —The Mechanism. The funds are not a new IMF loan but a withdrawal of…