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Susana Cordeiro Guerra
@scordeiroguerra
Vice President for Latin America and the Caribbean @BancoMundialLAC.
255 Following    2.9K Followers
Spoke with BBC's Rahul Tandon about the World Bank Group's latest assessment of the impacts of the Venezuela earthquakes. Behind every estimate are people, families, and communities facing immense loss. One message from our analysis is clear: the pace of reconstruction matters. Timely action can help communities recover sooner, restore livelihoods and essential services, and reduce the long-term economic and social impacts of the disaster. Listen here @BBCWorld (starts at 15:22):
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The report finds that the timing of reconstruction matters. Delays in investment would prolong the impact on productive capacity and living standards, slowing the recovery.
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[For @AFP] Twin earthquakes that devastated Venezuela last month caused at least $19.6 bn in physical damage, the World Bank said Thursday, stressing the need for a rapid increase in public reconstruction funding to avoid lasting economic effects.
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