Venezuelan President Nicolás Maduro presented himself to the National Assembly on January 15 to share the country’s economic achievements over the past year.

In his speech, he announced the increase of the monthly economic war bond to 60 dollars and the cestaticket to 40 dollars, both indexed to the exchange rate of the Central Bank of Venezuela. This adds up to a total of $100, information that will soon be made official in the Official Gazette of Venezuela.

Highlighting Venezuela’s economic growth, he said that in 2023 it exceeded 5% of the Gross Domestic Product. Maduro projects growth of 8% in 2024, positioning himself once again as a leader in the region’s economic recovery.

Proud of the results obtained despite the difficulties, Maduro noted that Venezuela’s economic growth was the highest in Latin America and the Caribbean during 2023.

#ÚltimoMinuto | Presidente @NicolasMaduro anuncia que -a partir del #1Feb– los venezolanos tendrán un ingreso mínimo en bolívares equivalentes a 100 dólares indexados, distribuidos de la siguiente manera:

✅ 60 dólares del Bono de Guerra Económica
✅ 40 dólares del cestaticket pic.twitter.com/5K2EcavfM7

— Prensa Presidencial (@PresidencialVen) January 15, 2024

As for oil activity, it reported an increase of 12.99% in the third quarter of last year. Extraction of crude oil and natural gas increased by 14.60%, while oil exports rose by an impressive 60.46%.

He highlighted that Petróleos de Venezuela reached revenues of $6.230 million. He also highlighted the momentum of alliances with international companies such as Repsol in the energy sector.

Maduro also announced strategic agreements between PDVSA and NGC of Trinidad and Tobago, in partnership with Shell, for the development of joint projects.

K. Tovar

Source: El Sumario

(Reference image source: X, @NicolasMaduro)

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La entrada Maduro announced the increase of the integral income to $100 apareció primero en Bitfinance.