09:36 GMT +319 October 2018
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    A cashier counts Venezuelan bolivar notes at a street market in downtown Caracas, Venezuela

    US Allocate $48Mln in Humanitarian Aid to Venezuela Amid New Sanctions – Pence

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    UNITED NATIONS (Sputnik) - The United States will allocate over $48 million in additional humanitarian aid to Venezuela, Vice President Mike Pence announced on Tuesday, according to a State Department press release.

    "Pence announced today at the 73rd regular session of the United Nations General Assembly in New York, NY, more than $48 million in additional humanitarian US assistance for Venezuelans affected by the man-made crisis in Venezuela," the release said.

    READ MORE: Venezuela Minister Says Chile, Colombia, Mexico May Be Involved in Maduro Attack

    The statement comes after earlier in the day Washington announced a new wave of restrictions against Venezuela adding top government officials, as well as Cilia Adela Flores de Maduro — President Nicolas Maduro's wife, to the list of sanctioned individuals.

    Venezuela has been struggling with the political and economic crisis caused by a decline in oil prices and, while the United States blocked its investors from buying Venezuelan debt and also prohibited dealing in Venezuelan digital currencies.

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    Tags:
    crisis, aid, sanctions, Michael Pence, Nicolas Maduro, United States, Venezuela
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