Venezuela's Economic War Bond: How to Collect and Benefit in 2023

2023-06-07 20:01:56

Venezuela It has several subsidies that are being delivered this 2023, the amounts of which have been increased considerably. One of them is the Economic War Bond, which benefits a large number of Venezuelans and especially IVSS retirees and pensioners. In this month of June, the Economic War Bond will continue to be offered and in this note we will tell you all the details so that you can collect it.

Users registered in the Patria System are looking forward to the delivery of this bonus, since in comparison with other subsidies that range between 4 and 5 dollars, the beneficiaries receive between 15 and 20 dollars, and the value has even increased for May. It is important to note that the amount would be indexed, which means that it will not be affected by fluctuations in the value of the dollar, either upwards or downwards.

How to see if I am a beneficiary of the Economic War Bond?

Employees in the educational field, pensioners and retirees are the recipients of the Economic War Bond, therefore, the disbursement of said bonus is being carried out gradually. It is essential to remember that it is necessary to update employment information in the Patria System in order to receive the subsidy.

When do they pay the Economic War Bond in May 2023?

The disbursement of the Economic War Bond directed to public sector employees will begin again in June. Let’s remember that the transfers of the subsidies go to retirees from the public sector, pensioners of the IVSS and Amor Mayor. The disbursement schedule of the Bond against the Economic War corresponding to June 2023 is not yet known.

How much will be the amount of the Economic War Bond?

Retirees from the National Public Administration will receive an amount equivalent to USD 49 in bolivars, which corresponds to the indexed war bond, in addition to the amount they are already receiving as retirement. On the other hand, the pensioners of the IVSS and Amor Mayor will receive an amount equivalent in bolivars to 20 USD as an indexed war bond, added to the 130.00 bs. that they are already receiving as a pension.