Caracas, August 1, 2026 (venezuelanalysis.com) – The Venezuelan government and the United Nations have launched a joint 60-day plan to assess the country’s recovery needs following the twin earthquakes that struck the country on June 24.
The initiative, announced in a press conference on Wednesday, is titled the Post-Disaster Needs Assessment (PDNA). It will be led by Venezuelan authorities with technical support from UN agencies, the European Union, the World Bank, the Inter-American Development Bank, the Development Bank of Latin America and the Caribbean (CAF), and other “strategic partners from various sectors.”
Under the proposal, a multidisciplinary team will work jointly to evaluate nine socioeconomic sectors in the hardest-hit regions and produce technical recommendations to guide reconstruction policies and investment decisions.
“The plan will provide a common and objective assessment of damages, losses, and recovery needs,” outgoing UN Resident and Humanitarian Coordinator in Venezuela Gianluca Rampolla told reporters in a televised broadcast with Acting President Delcy Rodríguez.
Rampolla stressed that “the success of this process will depend on the commitment, collaboration, and continuous exchange among all participating institutions.”
For her part, Rodríguez forecast “extraordinary results” from the initiative and expressed confidence in her government’s ability to establish “highly effective coordination mechanisms with international organizations and the United Nations system.”
The acting leader emphasized that the objective goes beyond simply restoring damaged infrastructure.
“It is not only about recovering what existed before; it is about going further. The double earthquake also affected sectors already living in poverty,” she affirmed. “We must move beyond the humanitarian phase and advance toward a recovery process that places the human being at the center in every dimension,” she said.
Education Minister Héctor Rodríguez, who also participated in the press conference, said that the working groups would begin immediately and produce a “detailed and realistic report” with general policy guidelines within the 60-day deadline.
Real estate subsidies and reconstruction plans
The acting president had previously announced that both public and private banks would offer housing loans to affected families. Homes valued at up to US $70,000 will receive an 80 percent state subsidy for their purchase, with the remaining 20 percent provided via a bank loan to be paid over 25 years. For properties valued between $70,000 and $100,000, the state will subsidize 50 percent, while the remainder will also be granted 25-year financing plans.
Venezuela’s present minimum income stands at $240 a month for public sector workers.
Rodríguez added that residents who lost their apartments will retain their property rights to the land and receive support for reconstruction.
“I have requested that the Supreme Court establish a special jurisdiction to address civil matters related to property ownership and personal identity,” she explained during a meeting with government officials on Tuesday.
The Venezuelan acting president likewise met with a delegation from the International Monetary Fund (IMF) on Wednesday to discuss the possible use of international reserves to finance the Venezuela Rises Plan, through which the government aims to deliver 4,000 homes before the end of the year and build at least 10,000 additional ones in 2027.
According to reports, the talks additionally focused on the Caribbean nation’s macroeconomic outlook and economic policy priorities.
On July 17, the acting president announced access to$346 million from Venezuela’s IMF reserve tranche, funds that are immediately available to address urgent humanitarian needs arising from the disaster. However, the fund has yet to release around $4.5 billion in Special Drawing Rights that have been frozen since being issued in 2021.
The World Bank has estimated the immediate earthquake damages at $19.6 billion and warned that a slow reconstruction process could hinder Venezuela’s economic recovery for the next decade.
According to the latest official figures, the twin earthquakes left at least 5,546 people dead, 16,740 injured, and over 20,000 people homeless.
Edited by Ricardo Vaz in Caracas.
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