As in previous years, Delcy Rodríguez indicated that most of the 2026 budget will be allocated to social investment (77.8%). Although he announced it as an achievement, growth in this area will barely be 0.2%
Vice President Delcy Rodríguez presented this Thursday, December 4, before the National Assembly – with a pro-government majority – the budget bill for the financial year 2026 and the special debt bill for the following year.
With a speech similar to last year Regarding economic terms and social investment, the vice president indicated that for the 2026 financial year, 5,022,968,785,870 bolivars were requested, equivalent in dollars to 1,994,191.96 dollars. This represents an increase of 8.82% in dollars for what was budgeted in 2025.
While the debt for 2026 amounts to 531 thousand 959 million 968 thousand 271 bolivars, prioritizing 12 projects from the Ministry of Electric Energy, seven for Defense, four from the Water portfolio and three belonging to Public Works. Both projects were approved in the first discussion after brief interventions by deputies José Vielma Mora (PSUV), Óscar Ronderos (AD), Ramón Lobo (PSUV) and Luis Eduardo Martínez (AD).
Rodríguez began his presentation by highlighting the conflict with the United States, which has maintained a military deployment in the Caribbean since mid-August to, as they have argued, combat drug trafficking. However, the administration of Nicolás Maduro has reiterated that these are actions to promote a “change of government” and take control of Venezuelan natural resources.
“We are presenting this budget at a special situation in our country, in a Venezuela that is besieged, threatened, attacked, like we have never seen before in our history,” said Rodríguez, who spoke of a “reinvention” with the support of the communes.
He indicated that the Maduro administration does not submit or subordinate itself to the United States, a country that he said has intervened in the hemisphere. “This is a Venezuela that has found a way in the midst of the psychological terrorism that our country has experienced… Everything else is a bunch of nonsense to justify an intervention.”
As in previous years, Delcy Rodríguez indicated that the majority of the budget will be allocated to social investment (77.8%). Although he announced it as an achievement, growth in this area will barely be 0.2%. This investment will be distributed as follows:
- Social development and participation: 29.9%
- Essequibo is ours: 1.2%
- Culture and social communication: 1%
- Science and technology: 0.9%
- Infrastructure and public works: 6.3%
- Housing: 2.5%
- Health and social security: 6.5%
- Security and internal services: 12.5%
- Constitutional compensation and situated fund: 8.7%
The vice president reaffirmed that with this budget for 2026, the resources “required for the security and defense of Venezuela, for the defense of our territorial integrity, for the defense of territorial sovereignty and most importantly, for the defense of our historical dignity are guaranteed. “Let no one here give up, let no one here take the course of those who did not feel Venezuelan, of those who gave up their historical heritage.”
On the other hand, according to Rodríguez this year the equivalent of 261.8 million dollars has been allocated to community projects, so they hope to continue that trend. “It is the popular power that today holds political power and leads this transformation… You will not see sumptuary expenses in the communal circuits, what is being voted is for national life.”
Regarding the behavior of the Venezuelan economy, the vice president did not fail to mention the word “growth” in all areas, although without stopping to point out inflation figures, oil production, the price of a barrel of Venezuelan crude oil, the exchange rate or the expected fiscal deficit.
The official said that oil production is in a “clear process of recovery” and they maintain the goal set by Nicolás Maduro months ago of reaching the end of the year with a production of one million 200 barrels per day.
He reiterated that the growth of the Venezuelan Gross Domestic Product has been 8.5%, concentrated mainly in oil activity and the construction, commerce and manufacturing sectors.
Likewise, he indicated that iron ore exports increased 180% compared to last year, gold production increased 97% in the same period, while net consumption grew 38.97% until October 2025 compared to the same period in 2024.
It also added to its figures an increase in tax collection of 13.5% until November 2025 compared to the previous year. Vice President Rodríguez assured that this is thanks to economic policies that have been adapting to external “threats.”
Another point mentioned was the drop in non-oil imports (9.5%). He said that this is due to a “very clear policy of taking care of currencies in the face of a policy of aggression against our homeland,” while reiterating that the United States “has a strategic objective, which is the Venezuelan economy.”
*Journalism in Venezuela is carried out in a hostile environment for the press with dozens of legal instruments in place to punish the word, especially the laws “against hate”, “against fascism” and “against the blockade.” This content was written taking into consideration the threats and limits that, consequently, have been imposed on the dissemination of information from within the country.
Post Views: 341
