ADVERTISEMENT
Venezuela health workers get first payment from funds frozen in US, says Guaido
Reuters
Last Updated IST
Representative Photo. Credit: AFP
Representative Photo. Credit: AFP

Venezuelan health workers have started receiving $100 monthly payments financed by funds that the United States seized from the government of President Nicolas Maduro, opposition leader Juan Guaido said on Saturday.

The US Treasury Department in August approved the use of the funds to help Venezuela's health personnel on the front lines of the fight against Covid-19 amid a hyperinflationary economic crisis.

"Men and women who earned between $6 and $8 per month now have an account," Guaido said in a social media broadcast, adding that some 3,000 workers doctors and nurses have received the money.

ADVERTISEMENT

Venezuela's information ministry did not immediately reply to a request for comment.

Guaido, who is recognized by dozens of countries as Venezuela's legitimate president, announced the plan in May but could not move forward without authorization from the Treasury Department's Office of Foreign Asset Control.

The United States disavowed Maduro last year and seized funds that Venezuela's government had held in US accounts.

Guaido's press team said the first recipients are health workers in regions hardest hit by Covid-19. The program is expected to reach some 62,000 people via a digital platform that receives and sends money.

Venezuela has 50,973 coronavirus cases and 412 Covid-19 deaths, according to official figures.

ADVERTISEMENT
(Published 06 September 2020, 08:52 IST)