According to the deputy of the National Assembly (AN) and economist, José Guerra, the de facto dollarization that is taking place in Venezuela is increasing social inequality by not taking place through official mechanisms.
Guerra mentioned that there is currently a still life economy with imported…
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The United Kingdom definitely left the European Union
The United Kingdom definitively severed its ties with the European Union (EU), thus ending almost half a century of participation in the great European bloc.
At 11:00 p.m., London time and midnight Brussels time, the clock marked the…
Maduro will authorize Venezuelan banks to create foreign currency accounts
Venezuelan President Nicolás Maduro announced that his administration will authorize Venezuelan banks to create accounts for payment in foreign currency and reiterated that the country is heading "towards a 100% digital economy."
“We are…
Venezuelan government decrees new exemption from import taxes
The measure was published in the Extraordinary Official Gazette No. 6,608 of this Tuesday, December 29.
Article 3 indicates that until April 30, 2021, payment of Import Tax, Value Added Tax (VAT) and Fee for determination of the Customs…