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Venezuela

Venezuela increases national budget for 2026

In Venezuela, the national budget for 2026 has increased fivefold compared to the budget established for the current year. According to information provided by Executive Vice President Delcy Rodríguez, the figure is 5.02 trillion bolivars.…

Monday, December 8th is a bank holiday

Next Monday, December 8th, bank branches in Venezuela will not be open for in-person banking services due to the Immaculate Conception holiday. This is detailed by the Superintendency of Banking Institutions (Sudeban) in the holiday…

Venezuela aims for increased oil production in 2026

Oil sector analysts indicate that production in Venezuela could increase to 1.5 million barrels per day by the end of 2026 if the growth rate recorded since 2023 is maintained. According to petroleum engineer and consultant Germán Márquez,…