Venezuelan government announces measures to consolidate the economy

Eldonita de Ed Newman
2021-08-07 00:57:17

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Venezuelan Vice President, Delcy Rodríguez, assured that her country can produce and move forward despite the blockade imposed by the U.S. | Photo: @ViceVenezuela

Caracas. August 7 (RHC)-- The executive Vice President of Venezuela, Delcy Rodríguez, expressed this Friday that the nation is taking new steps to demonstrate that it can produce and move forward despite the criminal blockade policy applied by the United States.

During a meeting of the Technical Table of the Higher Council of Economy, the Bolivarian leader said that the country has a policy to strengthen the productive sectors and nothing will stop its implementation.

Delcy Rodríguez referred to the announcements made the day before in monetary matters and stressed that they seek to consolidate the national currency (the Bolivar), and in particular the Digital Bolivar, as a way to facilitate transactions, which will improve the situation of the Venezuelan people.

She also announced that Venezuelan President Nicolás Maduro signed this Thursday a decree to eliminate or reduce tariffs on more than 590 items necessary to complete production in the country.

She added that based on the systematic dialogue with representatives of the productive sector, the Government has established a gradual policy for the substitution of imports and to use tax incentives to promote the strengthening of national productions.

She clarified that in no case will imports be closed, but that the country has chosen to promote and direct national productions as well as to protect them.  Delcy Rodriguez said that these and other measures will allow expanding potentials, creating jobs, saving foreign currency and generating positive impacts on the productive sector and workers.

Likewise, the Venezuelan vice president assured that her country has ample natural and material potential, but above all it has the capacity of its people to defend their nobility and identity.

She recalled that the blockade policy of the U.S. government has deprived Venezuela of 99 percent of its income during the last few years, but she assured that work is being carried out so that the country advances along the path of development and growth.



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