Maduro calls for limiting unnecessary imports

During his weekly television program on Monday, September 22, Venezuelan President Nicolás Maduro urged the economic sectors, particularly the business sector, to avoid superfluous and unnecessary imports and focus on achieving full self-sufficiency for the country.

Maduro stated: “One key objective is for the country to achieve self-sufficiency in everything and to limit imports to the maximum extent possible. I say to all economic sectors, and especially to the business sector: limit unnecessary and superfluous imports and focus on production.”

He referred to the need to avoid importing products that are not necessary or essential for “the functioning of society, the economy, and people’s lives,” since this represents an unnecessary expenditure of dollars.

Maduro continued by pointing out that “the system is generating foreign currency reserves, and that wealth should and must be invested in the industrial, autonomous, and technological development of Venezuela.”

The president emphasized that the South American nation is moving towards a model based on national production, self-sufficiency, and monetary sovereignty, and insisted: “The foreign currency that the country manages today is national; it belongs to all the Venezuelan people. We have established a new economy and are achieving important milestones: domestic production, national supply, a functioning commercial system, and technological advancement.”

In his program, Maduro also mentioned the creation of a stable payment and exchange system, in relation to the increase in transactions in bolivars in stores due to the lack of dollars.

M.Pino

Source: elaragueno

(Reference image source: PortCalls Asia on Unsplash)

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