National Budget 2020 will allocate 76% to social investment


Executive Vice President Delcy Rodríguez reported Monday that 76% of the Budget and Indebtedness 2020 will be allocated to social investment.
“The 2020 budget has had a significant increase in social investment, with a very successful number of 75.9%, which translates into 76%, which will be destined to social investment, productive development”, Rodríguez highlighted during the presentation of the Budget and Indebtedness Project 2020 within the National Constituent Assembly (ANC).
The percentage will be specifically applied in programs of productive economy, health, food security, housing, urban development and services, homeland social protection platform, education, science and technology, as he said.
The Executive Vice President explained that the 2020 Budget “is an instrument against inequalities, against asymmetries (…) Venezuela has a lot to say in terms of equality”.
“When Commander Hugo Chávez started the Bolivarian Revolution, Venezuela had high inequality rates, 0.49 of the Gini coefficient. Today, we have an index of 0.37 and it places us in second place in the most egalitarian countries of our continent”, said Rodríguez.
In that sense, he criticized that governments of countries such as Chile, Brazil and Colombia that, in Rodriguez’s opinion, have high rates of inequality, are promoters of a war in Venezuela.
“Chile represents the number of most indebted households in the world. Today we can say: Venezuela, the egalitarian one, and that is what the Bolivarian project seeks for the world. That is our idea: equality for all the peoples of the world”, said the Executive Vice President of the Republic.