English Archives - Página 4 de 6 - @puzkas Eugenio G. Martínez

Categoría: English

THE POLICY OF PROMOTING THE EXCHANGE RATE AS AN ANCHOR WILL CONTINUE IN 2022

Posted by Leonardo Vera | Ene 19, 2022 | 0

Media sources reveal that the Central Bank of Venezuela (BCV) sold $80 million to the financial system in its last intervention of January 11, thus stepping up its intervention in the exchange market compared to the first week of the year and the average of its interventions throughout 2021. The strategy, as we already know, is focused on maintaining a stable official and regular exchange rate regardless of the parallel exchange rate’s trend.

AVOIDING VOTE DISPERSION WAS THE KEY IN BARINAS ELECTIONS

Posted by Eugenio Martínez | Ene 19, 2022 | 0

2022 will mark the fourth year of the Interim Government led by Juan Guaidó and half of the presidential term of Nicolás Maduro.

HOW DOES VENEZUELAN ECONOMY END 2021?

Posted by Leonardo Vera | Dic 29, 2021 | 0

il economy, and with a gradual disinflation process, the Venezuelan economy closes 2021 with no clear prospect of a significant change that could lead to a sustained and robust inclusive growth

THE INFLATED ESTIMATES OF THE 2022 BUDGET LAW

Posted by Leonardo Vera | Dic 22, 2021 | 0

In an optimistic scenario with the Venezuelan hydrocarbons industry consolidating an oil crude production averaging about 800,000 barrels per day for 2022 at an average price for the Venezuelan basket of 60 US$/bl, and with a domestic consumption of 75,000 barrels per day, the total oil export revenues would amount to US$ 16.42 billion. If this happens, the resources contributed by the industry would represent 50% of the export gross revenues.

MADURO ENDS 2021 OUTLINING HIS NEW STRATEGY FOR MEXICO

Posted by Leonardo Vera | Dic 17, 2021 | 0

The Venezuelan opposition will close 2021 more fragile and divided because of the showdown over the constitutional continuity of Juan Guaidó’s Interim Administration and the 2015-elected National Assembly. However, while the different opposition factors fail to reach political agreements to unanimously support the reform of the Statute Governing the Transition (establishing the powers of Juan Guaidó as interim president) and the reform of the Venezuelan Liberation Fund (defining the access to overseas assets), chavistas are focused on changing and defining the main point to resume talks in Mexico: the reinstatement of the Supreme Court of Justice (TSJ).