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Venezuela's Path to Recovery from Devastating Earthquakes
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Venezuela is facing a difficult path to recovery from devastating earthquakes that killed over 5,000 people and injured 17,000. The cost of reconstruction is expected to run into the tens of billions.
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Venezuela's Path to Recovery from Devastating Earthquakes
The cost of reconstruction is expected to run into the tens of billions, even as the country faces numerous obstacles. The World Bank estimates that the earthquakes caused $10 billion in damages. The Venezuelan government has announced plans to rebuild the affected areas, but the process is expected to take several years. The country is also facing a severe economic crisis, which is making it difficult to fund the reconstruction efforts.
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