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Venezuelan gov’t wants to be trustworthy for the private sector

According to Venezuelan Minister of Foreign Trade and Global Investment, Jesús Faría, the Venezuelan government has managed to gather all economic sectors to “overcome” troubles with shortage
According to Venezuelan Minister of Foreign Trade and Global Investment, Jesús Faría, the Venezuelan government has managed to gather all economic sectors to “overcome” troubles with shortage
According to Venezuelan Minister of Foreign Trade and Global Investment, Jesús Faría, the Venezuelan government has managed to gather all economic sectors to “overcome” troubles with shortage

Queues to buy inputs are a “big problem” in Venezuela; therefore the Venezuelan government is taking steps to lift production levels, promised Minister of Foreign Trade and Global Investment Jesús Faría during a recent interview on state-run TV channel VTV.

The minister reported that the Venezuelan government has joined efforts with workers and most businesspersons to overcome current economic problems.

As far as he is concerned, the government has strived to create a climate of trust and move closer to the private sector.

In his judgment, attacks on the local currency, speculation, manipulation of the production apparatus and a 75% plunge in oil revenues have worsened the political, economic and social standoff in the country.

“It is hard to govern, lead an economy, towards recovery, in conditions of political instability. Such political instability aims at deepening the economic crisis so as to produce social outbreak and for the social outbreak to swallow the revolutionary government and the Bolivarian revolution,” he affirmed.

Faría reckoned that the domestic economy will recover gradually in the next few months, yet he did not specify day and time. Likewise, he cautioned that the second half of 2016 will be “of high political stress,” as the opposition will seek the activation of the recall referendum.

“Raising production levels is a must, and we are preparing for that. Levels of imports, inputs and finished products; (levels) of foodstuffs, of all food items, have increased; that is good news,” he pointed out.

Source El Universal