The Constitutional Chamber of the Supreme Court of Justice (TSJ) declared as constitutional the Decree of State of Emergency and Economic Emergency, presented by the President of the Republic, Nicolás Maduro, last September 11.
The ruling, published on the web page of the Supreme Court, states that the President of the Republic has the authority to «make extraordinary measures that allow the national monetary authority to expedite and guarantee the citizens the timely import, distribution and availability of currencies and bills of legal course in the Bolivarian Republic of Venezuela».
Likewise, the National Representative «may establish special mechanisms for supervision, control and monitoring, procurement, procurement and supply of raw materials, production of essential items, pricing, marketing and distribution of the strategic products necessary for the agricultural production, food, health, hygiene and personal hygiene».
This decree will have a validity of 60 days, extendable for 60 more days.
Likewise, the Constitutional Chamber of the TSJ declares as null, nonexistent and ineffective «any act in which the National Assembly intends to disapprove the Decree of State of Emergency and Economic Emergency.»
