Rodríguez assures that they will take action against currency speculation

He announced that they have already identified those allegedly responsible for the “strong devaluation” that the bolivar has suffered in recent weeks.


Courtesy | The 2023 budget will focus, according to the government presentation, on health, social security, education, social development

The growth of the economy during the last months of 2022 and the prospects for the following year focused the presentation of the Budget Bill for Fiscal Year 2023 and the Indebtedness Bills calculated at Bs 170,703,832,051, of which 77 % will be directed to social care.

The Executive Vice President and Minister of Economy, Finance and Foreign Trade, Delcy Rodríguez, assured that Venezuela has one of the highest growth rates in the world, which has allowed it “a frank recovery process, but it means only 10% of what there was before the blockade”, which has left 232 billion dollars in losses.

“We have had four quarters with double-digit growth and I am sure that in the coming quarters we will have growth,” he said.

He announced that they have already identified those allegedly responsible for the “strong devaluation” that the bolivar has suffered in recent weeks.

“Those who are disturbing (the dollar) already know that we know and we are going to take action on it (…) They know that we know who they are and we are going to take action on it (…) In the perverse mind of the extremists, they have tried to steal Christmas of Venezuelans instrumentalizing the criminal dollar to disrupt the exchange market through speculation,” he stressed.

«In the year 2020 the dollar multiplied 22.58 times; in 2021 4.23 times and in 2022 it has multiplied 2.38 times. It would be less if this disturbance had not appeared in the context of an overheated trade, “he said.

The 2023 budget will focus, according to the government presentation, on health, social security, education, social development, among others, framed in “a new stage of transition to socialism.”

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