Venezuela ratifies negotiation of PDVSA bonds to combat blockade and sanctions

Venezuela ratifies the negotiation with PDVSA bondholders to combat the blockade and sanctions, said the President of the Republic, Nicolás Maduro, on Tuesday during the Annual Message he offered to the Nation from the National Assembly, as established by the Bolivarian Constitution.

We have acquired a deep awareness along these years. The Venezuelan people know that the final objective of the imperial war against Venezuela is to take absolute control of the immense resources and wealth of our homeland”, said the Chief Executive regarding the economic announcements during his address to the AN.

In this regard, Maduro announced that businessmen must abandon the rentier culture and assume the risk and invest their own resources in projects that boost the economy, substitute imports, boost exports and guarantee jobs and fair wages.

“This year we are going to facilitate the use of means of payment in national currency for public transport and for businesses, through payment systems that do not require an online connection called” VeTicket “and” Vepos “,” said the Head of State.

In this sense, President Maduro assured that by means of an electronic scheme, a problem felt by the population will be solved “since more than 80% of the demand for cash in Bs. Comes from the payment of public transport,” he stressed.

Our country today reinvents itself everywhere. We must promote all these economic entrepreneurship projects on a family or personal scale, “stressed Nicolás Maduro.

Maduro Morosalso added that “today, despite the worst global pandemic in the last 100 years, practically half of the National Budget is financed with internal taxes.”

“I pledge my word to the country that in 2021, the stellar year that closes the cycle of the Bicentennial Era, we will initiate the productive national counteroffensive of all sectors of the national economy,” said the Chief Executive.

Finally, President Maduro announced the possibility of a partial and safe return in person for all students with biosafety measures for the current school year.