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Friday, September 4, 2026 · UTC
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Venezuela Housing Minister Requests $4 Billion for Earthquake Reconstruction

Venezuela's Housing Minister Jaime Andrés Beltrán requests additional funding for earthquake recovery efforts.

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As of 2026-09-04 00:48 UTC. Market figures are as the cited sources reported them at that time and may have moved since. This is news, not investment advice.
Jaime Andrés Beltrán, the Venezuelan Housing Minister, announced during a Senate debate that he will request an additional $4 billion from the Ministry of Finance to fund earthquake reconstruction. [1] The Alcaldía de Cali reported a total of 154 deceased individuals and 29 injured people as of September 3, 2026, following the magnitude 7.4 earthquake on August 10, 2026. [2] Five of the 16 affected departments present damage levels close to 70%. [3] Jaime Andrés Beltrán stated that the $700 billion currently allocated in the 2027 General National Budget is insufficient to address the emergency. [4] The earthquake occurred on August 10 and caused damage in 16 departments across Venezuela. [5] Local authorities have evaluated 51,132 families for damage and needs, with 45,052 citizens reported as affected and 492 people remaining in temporary housing. [6] President Abelardo de la Espriella met with Mayor Alejandro Eder to review progress and discuss new strategies and resources for reconstruction. [7] Specialized diagnostic visits were conducted on 1,638 buildings, resulting in 414 being classified as habitable, 743 as uninhabitable, and 444 as restricted use. [8]
What this stands on
  1. Jaime Andrés Beltrán, the Venezuelan Housing Minister, announced during a Senate debate that he will request an additional $4 billion from the Ministry of Finance to fund earthquake reconstruction. · Caracol Radio
  2. The Alcaldía de Cali reported a total of 154 deceased individuals and 29 injured people as of September 3, 2026, following the magnitude 7.4 earthquake on August 10, 2026. · El País
  3. Five of the 16 affected departments present damage levels close to 70%. · Caracol Radio
  4. Jaime Andrés Beltrán stated that the $700 billion currently allocated in the 2027 General National Budget is insufficient to address the emergency. · Caracol Radio
  5. The earthquake occurred on August 10 and caused damage in 16 departments across Venezuela. · Caracol Radio
  6. Local authorities have evaluated 51,132 families for damage and needs, with 45,052 citizens reported as affected and 492 people remaining in temporary housing. · El País
  7. President Abelardo de la Espriella met with Mayor Alejandro Eder to review progress and discuss new strategies and resources for reconstruction. · El País
  8. Specialized diagnostic visits were conducted on 1,638 buildings, resulting in 414 being classified as habitable, 743 as uninhabitable, and 444 as restricted use. · El País
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