Trabajadores de la tierra

Sectoral Vice President Calixto Ortega assures that the productive sector remains intact after earthquakes in Venezuela

During the session of the National Economy Council, the Sectoral Vice President for the area and President of Banco de Venezuela, Calixto Ortega, conveyed a message of reassurance to the country, confirming the positive assessment of national operational capacity following the recent earthquakes:

«The evaluations carried out in recent weeks show that the Venezuelan productive sector has demonstrated a greater resilience than initially anticipated,» Ortega said.

The official specified that the damage is limited to specific sectors that do not halt the country’s economy:

«In particular, the oil sector and the national productive sector have remained essentially intact and continue to operate normally. The main impacts are concentrated in certain urban and transportation infrastructure rather than on the country’s productive capacity; this verification is fundamental.»

Ortega was emphatic in declaring that «Venezuela retains the means to produce, to export, and to sustain its recovery.» On this basis, he announced that the government’s action plan for the coming weeks and months will be firmly structured around three fundamental priorities:

– First priority: To mobilize the support of international partners.

– Second priority: To inform the economic and financial community, documenting in real time the humanitarian and economic consequences of the natural disaster.

– Third priority: To maintain the objective of sovereign debt restructuring.