Venezuela prioritizes social investment in 2021 budget
29 de octubre de 2020, 16:52Caracas, Oct 29 (Prensa Latina) Venezuela's government will allocate 76.4 percent of the State budget for the year 2021 to social investment, Executive Vice President Delcy Rodriguez reported on Thursday.
On presenting to the National Constituent Assembly the budget and annual operating domestic plan, the vice president ratified the will of the Bolivarian Executive to guarantee social protection programs despite the effects associated with the US coercive measures.
In that regard, she recalled that the US policy of smothering Venezuela's economy brought about the loss of 99 percent of the country's income in the last six years, from 50 billion to around 400 million dollars.
'With much or with little, we always think of the Venezuelan people first and foremost, and we favor the most vulnerable, the real victims of this criminal blockade,' Rodriguez assured.
The 2021 State budget will prioritize education, health, culture, sports and public services, in addition to showing a 20 percent rise in investment for the development of the communal sector Venezuela, the vice president detailed.
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