The president of Fedecamaras, Carlos Fernández, pointed out that for this year 2022 “it is essential that the bank credit returns in order to continue on the path of economic growth”.
He also indicated that in the program “Two plus two”, broadcast by Radio Union, that “If there is no financial credit, it will be difficult to achieve the objectives that we have set for ourselves” for this year.
“For there to be a better dynamism in the economy, it will be essential for financial credit to return. It will be essential to obtain percentages equal to or greater than those estimated by the Executive”he explained.
He argued that “this year we have once more taken the initiative to meet” with representatives of the Government “Let’s see if we design a methodology that is a little more effective to really bring the solutions that were proposed there”.
“The initial inertia of the first meetings was lost, At no time was it said that they were not going to be done, but the results did not materialize, so we have to review the way we work together,” he added.
He said that the new entrepreneurial and managerial class that has emerged “has been formed in the last 22 years with the dynamics that have existed and they may not have a standard for comparison with greater institutionalization than there was in the past”.
“I think a lot of them are taking the opportunity and they have a different perception of risk and a reading of the political reality than our generation can have”, he pointed out.
Regarding the issue of sanctions, he specified that “everything indicates that it can remain as it is, but it is no less true that some interpretations might be achieved that give them some flexibility”.
He stated regarding dollarization in the country that circulating money “is fundamentally in foreign currency” and he stated that “the objective of any financial system should be that this currency ends up within that system so that it gives dynamism to the economy.”
Recently, President Nicolás Maduro reported in his Memory and Account of the Year 2021 that Venezuela, following 5 years “has returned to the path of economic growth”.
He urged public and private banks to support the productive initiatives of entrepreneurs: “We are going to expand credit, financing all entrepreneurs in the country”.
He assured that between July and December 2021, the dollar in the unofficial foreign exchange market grew by an average of 3.3%. He promised that in the year 2022 he will embark on “a path to defeat inflation.”
