The World Bank is evaluating the possibility of providing up to $5 billion to Venezuela over the next two years. Regional Vice President Susana Cordeiro Guerra stated that an initial operation of $500 million would be allocated to water and electricity infrastructure projects within Venezuela. This potential financial support signals a shift in the World Bank’s engagement with Venezuela, after years of limited involvement. The funds aim to address critical infrastructure deficiencies impacting the Venezuelan population. Details regarding the conditions and specific projects connected to this funding are yet to be fully disclosed. This consideration follows recent economic developments and ongoing discussions between Venezuelan authorities and the international financial institution. The news was initially reported by TalCual.

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