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December 19, 2022
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Two weeks after the end of the year, the Government considers 2022 to be “indisputable progress”

Maduro admits that Venezuela is not capable of self-sufficiency and it is urgent to boost production

Although there are two weeks left to complete 2022, Nicolás Maduro is already summarizing the year and according to what he published on his social networks, he considers that 2022 has been a year of progress for Venezuela


Nicolás Maduro assured this Sunday the 18th that although “much remains to be done”, he considers that the country ends 2022 with “indisputable progress”, and affirmed that his Government will continue working for the prosperity of the nation, since it hopes to close the year with growth economic double digit

“Venezuela ends the year 2022 on the offensive, in clear improvement and with indisputable progress,” he said through his twitter accountin a kind of early year-end summary.

Last Wednesday the 14th, during the presentation of part of the figures that make up the nation’s Budget for 2023, Vice President Delcy Rodríguez said that 2022 has made it possible to “consolidate the economic recovery of Venezuela”, which will close the year with a growth of double digits, according to official projections.

“We have already had four quarters with double-digit growth, and I can responsibly say that in the third quarter and the fourth quarter of 2022 we will also have double-digit growth, a growth where both the public and private sectors have joined forces” , he pointed.

But the presentation of the budget and the 2023 Indebtedness Law presented a few hours before the mandatory deadline for its approval before the National Assembly, only indicates that the dependence on oil income remains the strongest projection maintained by the Executive Power, which will spend more than 90% of the resources in relation to the other four public powers.

as reported SuchWhich exclusively, having access to the documents of the national budget and the 2023 Debt Law two weeks before they were publicly presented to the AN, the analysis of the numbers shows that the constitutionally located to the regions will continue to be “pichirreado«, the collection of taxes will take more weight in income and that recovery announcements in key areas, such as the national electricity system, are not so well planned because they depend on just over 1,100 workers.

*Read also: EXCLUSIVE | Censorship of the national budget is broken: they will spend $14,000 million in 2023

However, the official narrative in the spokesperson of the vice president assured that the economic recovery of 2022 was accompanied by “a normal supply of goods, but that the policy of financial and oil sanctions of the United States and the European Union” continue to affect the growth of the country.

According to the Central Bank of Venezuela (BCV), economic activity grew 14.65% and 19.07% in the third and fourth quarters of 2021, respectively, while the improvement in the first three months of 2022 was 17.04 % and between April and June it was 18.7%.

With information from EFE

*Read also: Delcy Rodríguez presents the 2023 Budget one day before the deadline for approval

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