Tag: imports

Why Venezuela’s economy is growing, but prosperity isn’t reaching people’s pockets

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The IMF projects Venezuela’s GDP to grow 5% in 2026, while monthly inflation slowed in September. However, the minimum wage has remained frozen since 2022. Economist Carlos Dürich attributes this gap to oil’s dominance, the weakness of other sectors, and the unequal distribution of foreign currency. By Neirlay Andrade Venezuela is once again reporting economic […]

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Chilean envoy arrives in Caracas to restore consular relations

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The Daily Journal.— The Chilean government has taken the first step toward restoring its diplomatic presence in Venezuela by sending Hernán Núñez, director of Consular Affairs, Immigration and Chileans Abroad, to Caracas to reactivate consular services, Chile’s Foreign Ministry confirmed. Núñez, a diplomat with more than 30 years of experience and a former ambassador to […]

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