Friday 27 May 2022

Peru, Ecuador to Tighten Entry Rules for Venezuelans Amid Migration Spike

Paying the bills

Latest

CHEC will have eight more months to complete expansion of RUTA 32

QCOSTARICA - With fingers crossed, by February 2023, the...

Has Costa Rica reached the peak of the fifth wave due to Covid-19?

QCOSTARICA - Although the growth trend of diagnoses by...

Campaign against the seasonal influenza (flu) virus will start in June

QCOSTARICA - The Caja Costarricense de Seguro Social (CCSS)...

Is ¢700 colones to one dollar around the corner?

QCOSTARICA - The dollar exchange is expected to maintain...

Hospitalizations for covid-19 increased in the last week

QCOSTARICA - Covid-19 is still with us despite the...

Criminals prefer to steal cars with better gas mileage due to the increase in the price of gasoline

QCOSTARICA - As the country nears another record-setting increase...

UCR affirms that a strong intervention on the exchange rate is inconvenient

QCOSTARICA - The Institute for Research in Economic Sciences...

Dollar Exchange

¢676.88 Buy

¢682.74 small> Sell

27 May 2022 - At The Banks - BCCR

Paying the bills

Share

The Peruvian Authorities are reportedly going to start barring Venezuelan migrants from entering the country unless they have passports, the government sources familiar with the matter told Reuters on Thursday.

According to Reuters, the measure aims to curb a surge in immigration from economic crisis-hit Venezuela that has already driven hundreds of thousands of desperate migrants to Colombia, Peru, Ecuador, Chile and Brazil.

- Advertisement -

Shortages of food and medicine, exacerbated by hyperinflation, have reportedly forced more than a million Venezuelans to flee to neighboring nations such as Ecuador, Colombia and Peru in recent months.

Meanwhile, Ecuador will also bring back passport control with the border other South American nations Saturday to curb the influx of Venezuelans fleeing crisis at home, Interior Minister Mauro Toscanini said.

“The Ecuadorian government is seriously concerned about humanitarian situation affecting thousands of Venezuelans who come to the country, to guarantee safety arrivals will be required to present passports to enter Ecuador,” Interior Minister Mauro Toscanini said in a statement quoted by the communications ministry.

Venezuelans have been able to cross into Ecuador and Peru with a national ID. Concerns were raised after thousands of Venezuelans started moved to Colombia, Brazil, Peru, Chile and Ecuador to escape conflict and poverty in their home country.

Last week, the annual inflation rate in Venezuela reached 82,766 percent. In late July, the International Monetary Fund (IMF) said it expected inflation in Venezuela to hit 1 million percent this year.

The oil production in Venezuela has declined in the past few months due to economic and political crisis, as well as the US sanctions, which resulted in government’s revenues’ drop and soaring inflation.

- Advertisement -

In May, US President Donald Trump signed an order prohibiting US citizens and legal bodies from making any transactions involving debts tied to the Venezuelan government debt as well as preventing Venezuelan officials from selling equity in any government-owned entity, including PDVSA, as part of its tightened sanctions on the country’s government. This step followed Maduro’s re-election, which the United States has criticized as unfair.

In turn, Venezuelan President Nicolas Maduro has refused most international aid, claiming outside powers are bent on removing his government from power.

Last Wednesday, United Nations spokesman Stephane Dujarric said that two UN relief agencies were seeking $78 million for refugees displaced by Venezuela’s economic collapse to neighboring countries

“UNHCR [UN Refugee Agency] and the International Organization for Migration have launched regional appeals of $46 million and $32 million respectively to help governments and host communities with the response,” Dujarric said.

- Advertisement -

A UN emergency response fund earlier provided $6.2 million to the two agencies to help kick start humanitarian appeals, Dujarric explained.

- Advertisement -
Paying the bills
Ricohttp://www.theqmedia.com
"Rico" is the crazy mind behind the Q media websites, a series of online magazines where everything is Q! In these times of new normal, stay at home. Stay safe. Stay healthy.

Related Articles

Russia sanctions threaten Vladimir Putin’s allies in Latin America

Q REPORTS (DW) In response to the brutal invasion of Ukraine,...

Russia finds support in its Latin American allies after invading Ukraine

Q REPORTS - Russia is closing ranks with its allies in...

Subscribe to our stories

To be updated with all the latest news, offers and special announcements.