Wage increase will not impact inflation in the country


Julio Chavez, deputy to the National Assembly (AN) by the Great Patriotic Pole (GPP), said this Wednesday that after the new wage increase decreed by the President of the Bolivarian Republic of Venezuela, Nicolas Maduro Moros, will be coming additional credits to all institutions.
When interviewed in the «Primera Página» (Front page) program, broadcast by the Globovision TV station, Chavez said that «extraordinary revenues are invested in the social missions than the current National Assembly would never approve.»
He added that the wage increase will have no impact on inflation rates in the country, and therefore «We must wrest from that parasitic entrepreneurship the control of marketing and distribution for this people not to be subject to such hardships as it has been happening.»
The economy is strongly affected, «because there is a high inflationary component induced by the Venezuelan right wing», he said.