When recalling the entire journey since 2018, the Executive Vice President of the Bolivarian Republic of Venezuela, Delcy Rodríguez, explained the success of the Economic Recovery, Growth and Prosperity Program, through the plans that were drawn up.
One of the plans mentioned by Rodríguez was the fiscal and tax plan, which included “fiscal programming where social investment was carefully attended to through popular governments that indicated where the investment of the Venezuelan State should be made, precisely serving the communities directly, knowing the needs in each community”
Along these lines, she highlighted that “this fiscal programming allowed a tax reprogramming” that resulted in a greater collection of taxes for the Venezuelan State “and today we can say that, with the figure that Venezuela has, without a doubt it was an appropriate policy and correct.”
Another notable plan was related to exchange rate policy, in which the Minister for Economy and Finances also emphasized that Venezuela has managed to achieve stability in the price of the currency: “(This is) the greatest stability known in 11 years. This means that this economic recovery program also had twenty points in its exchange rate policy plan”.
The following Plan was focused on “improving the comprehensive income of workers, as has been done progressively, but we come from a 99% percent drop in our income in foreign currency and yet you – President Maduro – have come with great effort recovering the income that would allow, in the same way, to enhance the consumption of goods and services produced in Venezuela.”
Rodríguez praised the companies and businessmen in the country that have responded to the call made by President Nicolás Maduro for productivity, contributing to the Plan for the diversification of the economy and reducing dependence on oil income:
“(…) a new diversified economic model not dependent on oil income, because the vulnerabilities that dependence on oil income gave was precisely the space for the attack and economic aggression to be implemented in our country by illicitly sanctioning PDVSA”, she explained.
Likewise, she highlighted the importance of «diversifying foreign currency income and today we are called upon through non-traditional exports that have seen a great increase that also present foreign currency income for the country.»
Rodríguez affirmed that the first phase of the economic program “has rendered positively the balance of that program,” thanks to the efforts of each Venezuelan man and woman.
“And now this second stage, to the national effort, will also add the investments that we are receiving through the anti-blockade law: national investments and international investments,” she highlighted.
The vice president highlighted that social, political and economic peace are desires shared by Venezuelans, and it is the only path to follow.