Humanitarian Assistance for Populations Affected by the Impacts of the Earthquakes that Hit the Central Coast of Venezuela

Observations

IDB project VE-T1117. Approved and signed on July 1, 2026 and currently under implementation. The official project page reports Total Cost = USD 500,000 and Original Amount Approved = USD 800,000. PAESA records USD 500,000 as the current budget because the IDB Venezuela country page also reports financing of USD 500,000 and the official July 2, 2026 announcement breaks down USD 350,000 from the IDB for humanitarian assistance plus USD 150,000 from the IDB for damage and loss assessment. The USD 800,000 figure is retained as a historical amount reported by the project page and is not used to create a contradictory total. No country counterpart financing is reported. Financial information identifies three unique funds: Spanish Framework - General Cooperation, Korea Poverty Reduction Fund and Ordinary Capital; all four operations are nonreimbursable. The official announcement states that the humanitarian-assistance component will be implemented in coordination with Caritas Venezuela. No specific policy framework is identified for initiative_frame.