A smart financial adaptation allows returns even in hyperinflation
Ibrahim Velutini, CEO of Intelinvest stresses that adapting to market conditions allows to detect opportunities and obtain yields
Venezuela is a country with countless riches and potential that can contribute to overcome the current economic crisis. Likewise, it is a propitious scenario for the promotion of constructive, positive ideas that allow an optimal social and business development for the coming years.
The forum “The macroeconomic imbalances of Venezuela as investment opportunities”, organized by the Intelinvest stock house, allowed those interested in the subject of investments, corporate or personal undertakings and in commercial growth, the possibility of knowing by hand of experts such as José Manuel Puente, Ibrahim Velutini and José Antonio Gil Yepes, what is the economic scenario that is projected for the country, what possibilities for growth and investment opportunities exist in the market, along with the concerns.
Success in the midst of the crisis
From 2014 to 2017, Venezuela has had the most acute recessive cycle in its history, said José Manuel Puente, PhD in economics.
The expert added that this situation caused in 2017 that the levels of production for the country were located at the same status of 1955, which reflects a fall in GDP and a wrong system of financial policies. He siad for the past year the index of poverty had tripled with respect to the one of 1998.
However, he emphasized that “this is not a broken country but a country badly managed at the macroeconomic level”, so “economic success is not a fantasy, it is a possibility that can be achieved with good management that starts up correct monetary policies”.
Despite hyperinflation, selective default and fiscal and monetary inconsistencies, the Ph.D noted that there are solutions and ways to bring the country to prosperity.
These are:
- Search international financing
- Reduce monthly inflation
- Employ an adequate tax reform
- Eliminate price controls
- Expand production sectors
- Redefine the debt
- Increase targeted social spending
- Recover the purchasing power of the salary
Representative political actors
José Antonio Gil Yepes, president of Datanalisis, pointed out that the crisis in Venezuela has been accentuated because “the people have no representatives, given that the current political actors do not represent anyone.”
For him, the political disarticulation has not allowed the improvements needed by the country and in the case of the opposition, he stressed that this group must go beyond the edges that previously negotiated with the government to begin to find immediate solutions to restore the force of moral power, which in recent months has been the victim of illegitimacy.
However, Yepes emphasized that the protagonists of a scenario of prosperity for the country are businessmen and before that, this sector should be stimulated, at the same time that:
- Companies form alliances with workers
- The exchange rate is unified
- The Constitution is reformed to allow the privatization of PDVSA
- Release prices
- Suppress disrespect for private property
- Eradicate populist discourse and practice
- That competitions are used to assign public positions
Safe investment opportunities
Faced with a scenario that is facing all of recession, with high hyperinflationary levels, GDP depression, as well as political and social crisis, Venezuelans should look for ways to protect their assets and achieve investments that allow them to maintain their quality of life.
Ibrahim Velutini, CEO of Intelinvest, explained that currently the international securities house adapts to the possibilities of its customers and offer a wide variety of investments that allow maintaining profitability, despite the crisis.
“Cryptoactives are a decentralized possibility to transfer value and are an investment that allows reaching everywhere,” he added. These characteristics have given way to the creation of investment portfolios in cryptocurrencies that facilitate entering the new digital finances and getting protected from the economic depression that the country is experiencing.
Velutini expressed and reasoned that to survive in the current context simply “adapt and reform” in favor of improvements that allow to organize and, above all, achieve a significant profit and with a view to stability.
In the field of corporate finance, Intelinvest has been offering and providing solutions for each situation. Its fundamental strategy is to develop market intelligence that identifies opportunities and thus maximize both the investments and the profits derived from them. It also advises and raises people interested in protecting and multiplying their assets investment options adapted to their profile, with attractive returns.
To learn more about the recommendations made by Ibrahim Velutini in the forum, we invite you to watch the video that accompanies this note.
Source: DobleLLave
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