Venezuela's interim president, Delcy Rodríguez, announced a minimum wage increase to $240 for both the public and private sectors.
She also announced an increase in the monthly pension payment, which will now be $70.
https://twitter.com/ElUniversal/status/2049945932368941308
These announcements…
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Venezuela
International brands could boost franchise sector growth in Venezuela
The Venezuelan Franchise Chamber (Profranquicias) indicated during the Focus On! 2026 event that the sector could experience 15 % growth in Venezuela thanks to the impetus provided by international brands.
Business leaders who participated…
Investors from the United States, Asia, Europe, and the Middle East present projects to Venezuela
The president of the Caracas Stock Exchange, José Grasso Vecchio, stated in a radio interview last week that investors with concrete projects have arrived in the country from the United States, Europe, Asia, and the Middle East in order to…
Venezuelan petrochemical association proposes $10 billion investment in the sector
The Venezuelan Association of the Chemical and Petrochemical Industry (Asoquim) proposed a $10 billion investment in the sector over the next 10 years to strengthen activity in the country and boost national production.
Private capital…
John Barrett arrives in Caracas for a new phase of negotiations
The new U.S. Chargé d'Affaires in Venezuela, John Barrett, arrived in Caracas last Thursday, April 23, to assume his duties following the departure of Laura Dogu.
Upon arriving in Venezuela, the diplomat reaffirmed his commitment to…
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…
The 5th Social Dialogue Forum will be held in Caracas on April 28 and 29
The city of Caracas will host the 5th Social Dialogue Forum, which will take place on April 28 and 29, with the participation of representatives from the International Labour Organization, trade unions and other professional organizations,…
UNDP forecasts 7.4 % economic growth for Venezuela
This year, Venezuela's economic growth could reach 7.4 %, according to projections from the United Nations Development Programme (UNDP). Regarding inflation, the agency indicates it is expected to climb to 271 %.
The data was revealed on…
World Bank and IMF reestablish relations with Venezuela
Amid the easing of sanctions against Venezuela by the United States, the International Monetary Fund and the World Bank announced on Thursday, April 16, the reestablishment of relations with the South American country.
The decision was…
Venezuela could soon rejoin the SWIFT financial system
Venezuela is preparing to rejoin the international SWIFT payments system following the issuance of licenses 56 and 57 by the U.S. Treasury Department's Office of Foreign Assets Control, according to economist Elio Córdova.
As is well…
SENIAT launches new mobile app to streamline tax procedures
In a further step towards optimizing the user experience, and in line with its digital transformation, the National Integrated Customs and Tax Administration Service (SENIAT) announced its new mobile application SENIATVZLA.
The…
Venezuela appoints new Central Bank president
Venezuela's interim president, Delcy Rodríguez, announced this Thursday, April 16, the appointment of Luis Alberto Pérez González as the new president of the Central Bank, replacing Laura Guerra, who had held the position since April 2025.…