Billions of Dollars Set to Venezuelan Humanitarian Fund as Refugee Migration Reaches New Records

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Friday, December 9, 2022
Savannah Telfer

On November 26th, the Unitary Platform and Maduro government reached an agreement to request that billions of dollars that have been frozen abroad be funneled to the United Nations (UN) humanitarian fund.[1]  This UN fund will be focused on improving Venezuelan education, healthcare, food, and infrastructure.  This agreement comes as Venezuelan refugees flee the country in record numbers, with 34,000 Venezuelans arriving at the U.S. borders in September.[2]

[1] U.S. Department of the Treasury, Treasury Issues Venezuela General License 41 Upon Resumption of Mexico City Talks, Press Rel. Nov. 26, 2022.

[2] Muzaffar Chishti & Kathleen Bush-Joseph, Amid Record Venezuelan Arrivals, Biden Administration Embraces Border Expulsions Policy, MIGRATION POLICY INSTITUTE, Oct. 27, 2022.