Wednesday, January 19, 2022
name of Prensa Latina
Bandera inglesa
English Edition
name of Prensa Latina

NEWS

NEWS

Venezuelan deputy ponders signs of economic recovery

Venezuelan deputy ponders signs of economic recovery

Caracas, Dec 7 (Prensa Latina) Venezuela is pointing towards a phase of economic recovery with prospects for greater consolidation and stability during 2022 in terms of social welfare, said Jesús Farías, president of the Committee on Economy, Finance and Development of the National Assembly (Parliament).
Share on facebook
Share on twitter
Share on whatsapp
Share on telegram
Share on email

The deputy stated that one of the signs of this stabilization revolves around a sustained decrease in inflation, for the first time in recent years.

“This is an indicator that the economy is beginning to stabilize definitively, and it is a fundamental condition for the growth of production,” the parliamentarian highlighted in an interview with Venezolana de Televisión.

Farías indicated that at present there is already a recovery process, which is evident -among other aspects- in the revival of the oil industry, private investment and political stability.

Regarding oil production -the country’s main source of income and the area hardest hit by the coercive measures of the United States-, Farías indicated that it shows signs of gradual reactivation thanks to the “enormous effort of the workers and the help of international friends, among which is Iran,” he stressed.

Also, in regards to private investment, the deputy pointed out that despite the obstacles generated by the so-called sanctions, Venezuela has regained the confidence and certainty to invest.

mh/llp/oda/wup

RELATED
ÚLTIMO MINUTO
name of Prensa Latina

| Text SMS to 8100 with content PL
Receive 4 mesages x 25 cup

© 2016-2021 Prensa Latina
Latin American News Agency

Radio – Publications  – Videos – News by the minute.
All Rigts Reserved.

St. E No 454 , Vedado,  Habana, Cuba.
Phones: (+53) 7 838 3496, (+53) 7 838 3497, (+53) 7 838 3498, (+53) 7 838 3499
Prensa Latina © 2021 .

Web Site developed by IT Division  Prensa Latina.