The President of the Republic, Nicolás Maduro, highlighted this Monday the strength of the Venezuelan domestic market.
He pointed out during his «With Maduro +» program, that it is a robust market that guarantees economic activity with an important level of price stability:
«There is a strengthening of the domestic market… Today we have a robust market, a strengthened trade. I can tell you the growth rate monthly, weekly, even daily. Domestic trade, the exchange of products, the movement of products, buying, selling, it is spectacular,» he said.
He added that it is good news that the estimates of the International Monetary Fund (IMF) and the Economic Commission for Latin America and the Caribbean (ECLAC), «have been surpassed by the reality of the economic apparatus that we are building, which is very powerful.»
He also said that exchange rate stability is the defeat of inflation, which this year will be the lowest in the last 18 years and added that the economy grew 8% in the first half of the year and the projection is that it will exceed 10% by the end of 2024.
He also indicated that investment increased 16% in the first half of the year, double the economic figure.
This reflects that wealth generation and reinvestment are taking place to continue growing.
On the other hand, Maduro recalled that a model has been built in consensus with the entire society; a method of permanent dialogue and consultation in which everyone who works for the country is heard.
In this way, it was possible to achieve food self-sufficiency, applying the correct public policies and built in dialogue by society, producers, industry and the People’s power, he stressed.
In this regard, he called for taking care of what has been achieved and peace. He stressed that the economy can no longer be the center of the political battlefield.