Venezuela exodus takes its toll on Colombian economy

Venezuela's crumbling economy has forced millions of people to leave the country and seek refuge in the neighbouring country.

by

    More than a million Venezuelans have been living in Colombia, taking a heavy toll on its public services in border regions.

    As per a World Bank report, which praises Colombia's "open arms" policy and its efforts to register the new arrivals, the crisis has cost the country around $1.2bn this year alone. However, the report, submitted on Friday, says, it could be good for Colombia's economy in the long run.

    Al Jazeera’s Alessandro Rampietti has more from the border city of Cucuta.


    YOU MIGHT ALSO LIKE

    Interactive: How does your country vote at the UN?

    Interactive: How does your country vote at the UN?

    We visualised 1.2 million votes at the UN since 1946. What do you think are the biggest issues facing the world today?

    'We were forced out by the government soldiers'

    'We were forced out by the government soldiers'

    We dialled more than 35,000 random phone numbers to paint an accurate picture of displacement across South Sudan.

    Interactive: Plundering Cambodia's forests

    Interactive: Plundering Cambodia's forests

    Meet the man on a mission to take down Cambodia's timber tycoons and expose a rampant illegal cross-border trade.