The economist Jose Guerra told Legiscomex.com ads Ramirez, who also is vice president and energy mi

The Venezuelan government creates the conditions for an increase in the price of gasoline, which is the lowest in the world, and to a further devaluation of the bolivar economia de mexico against the dollar as part of a plan aimed at setting relieve a fiscal imbalances economy in crisis. http://bit.ly/1lEFRdC
After the 2013 was critical in the economic field, in which the country recorded the lowest growth in Latin America with 1.2% and the highest inflation in the Western Hemisphere of 56.1%, the government of Venezuela starts the new year with eyes on the two cheapest products in the country: the official dollar, which is trading at Bs6, 30 Bs, eight times below its value on the parallel market, and gasoline, whose price is so ridiculous that a dollar economia de mexico a tank 66.6 liters (l) is filled. Impending adjustments were profiled few days ago by Venezuelan Vice President for Economic Area, Rafael Ramirez, who said that the Supplementary System Administration of Foreign Exchange (Sicad), whereby dollars are auctioned economia de mexico at a price almost double the official rate, will be strengthened in 2014 and will transit to become "a definitive mechanism for the control and management of our currency." At the same time announced that it is necessary to give a "national discussion" to determine when to increase the price of gasoline, a topic of high social economia de mexico sensitivity in a country whose capital, Caracas, staged a spontaneous popular uprising in 1989 has come when then-President Carlos Andrés Pérez ordered an "economic package" which included an increase of 100% in gasoline. economia de mexico President Nicolas Maduro need equity however cleave urgently to close the huge gap between income and expenditure and the two most viable ways to have on hand are a devaluation of the bolivar and a rise in the price of gasoline. The devaluation, which intercepts between 50% and 100% in the exchange rate, would yield more in the domestic market economia de mexico dollars that the country receives from oil exports, while an adjustment in prices fuels could free the enormous weight of public finances means that the subsidy on petrol, the government estimated USD12.600 million a year, equivalent to 14.36% of the national economia de mexico budget in 2014.
The economist Jose Guerra told Legiscomex.com ads Ramirez, who also is vice president and energy minister of state oil company PDVSA, "make economia de mexico it clear that is a macro devaluation of the order of 100%, which will have immediate effect in spiraling inflation and real wages of workers. " economia de mexico He noted that, in the short run, the devaluation will help to reduce the fiscal deficit of the public sector, which in 2013 was between 13% and 15% of gross domestic economia de mexico product (GDP), a huge number for any economy, but without correction "background" in economic policy will be momentary relief, as happened in February, when the Republic devalued the bolivar at 46.52%, the currency went from Bs4, Bs6 30 to 30 per dollar, without this measure had a stabilizing economia de mexico effect economia de mexico of long-term inflation economia de mexico since overflowed and the fiscal gap over almost the same levels as 2012. To War, a master in Economics from the University of Illinois at Urbana-Champaign, former manager of Economic economia de mexico Research of the Central Bank of Venezuela (BCV) and author of "The legacy of Chavez," economia de mexico the only way to stabilize the economy with rectification of President Nicolas Maduro including the adoption of sound policies that give stability to the currency, which contain the constant increase in current and emphasizing increasing domestic production through a pact with employers and workers. During 2013, Venezuela reported a 56.1% inflation amid an economic slowdown, a critical shortage of staples economia de mexico and an acute shortage of dollars that prevented companies economia de mexico meet their need for supplies and raw materials imports, which in turn brought economia de mexico down domestic production and intensified lack basic items in the diet of Venezuelans as meat, coffee, rice, sugar and corn flour to make the essential arepas. "We saw that devalue every year nothing is resolved. Get off inflation, increase domestic production and stabilize the country through clear and precise rules. It is time the government realizes that it can not do everything, as the years have tried, economia de mexico and you need to make arrangements with private and workers, "Guerra said.
The consensus in the markets is that the nation will opt for two devaluations: the t