Venezuela creates a commission to evaluate assets not needed by the State

Venezuela’s interim president, Delcy Rodríguez, ordered the creation of a Special Commission to identify assets that are not essential to the State, in order to proceed with their liquidation and repurposing.

Considering that the country now needs to make the most of its resources, the official indicated that the team will “evaluate, among other elements of the national patrimony, non-productive companies in the hands of the State for their liquidation and repurposing.”

The commission will be composed of the Attorney General of the Republic, Arianny Seijo; the Vice President for Economic Affairs, Calixto Ortega; The Minister of Economy and Finance, Anabel Pereira; the Minister of National Commerce and Industries, Luis Villegas; the Minister of Communes, Michael Prado; and Luigi Pisella, former president of Conindustria, representing the private sector.

Rodríguez explained that the evaluation encompasses assets, including both productive and non-productive companies owned by the State. “Now that we want to streamline and expedite state processes, this commission will prioritize four key categories.”

The evaluation will focus on four areas:

1. – Strategic assets and goods that belong to and remain in the hands of the State.
2. –Public-private partnerships, where the State retains ownership but, given the need for capital, technology, and efficiency, reaches agreements that allow for the development of productive processes.
3. – Supply, based on assets that are not needed for the State’s strategic processes.
4. – Liquidation and disposal.

M.Pino

Source: bitacoraeconomica

(Reference image source: William Marques on Unsplash)

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