The National Assembly (AN) elected in 2020 sanctioned the reform of the Tax Law on Large Financial Transactions whose purpose is that operations carried out in foreign currency pay a tax at least equal to or higher than that paid today by debits in bolivars.
The law will enter into force thirty…
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National Assembly
Inter-Parliamentary Union arrived in Venezuela
The president of the Inter-Parliamentary Union (IPU), Duarte Pacheco, and his team arrived in Venezuela, this Monday, August 23, in order to hold various meetings with representatives of the national executive and representatives of the…
New public purchases law will stimulate import substitution
The approval, by the National Assembly, of the Law on public purchases will allow the acquisition of nationally produced goods, which will promote the progressive substitution of imports.
Orlando Camacho, president of Fedeindustria and…
NA installs commission to recover the economy in the country
From the Federal Legislative Palace, the National Assembly has installed the new Permanent Commission on Finance and Economic Development, Sovereignty and Integration, with the aim of recovering the country's economy and positively…
Government of Ecuador intends to emancipate the Central Bank before his departure
This Tuesday, the Government of Ecuador reported to the local media its decision to prepare a Monetary and Financial Code that seeks the autonomy of the Central Bank, it must be approved by the National Assembly before the term of the…
De facto dollarization increases inequality, affirmed José Guerra
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…