This year’s national budget estimates that the Gross Domestic Product (GDP) of Venezuela will grow by 5 percent, while 2011 saw 4.2 percent growth despite budget projections of just 2 percent.
A preliminary report by Venezuela’s National Electoral Council (CNE) states that since last July a total of 1,360,598 people were added to the Electoral Registry, according to CNE Vice President Sandra Oblitas.
The active unemployed population in Venezuela decreased to 7.9 percent in March, which represents a variation of 1.3 percent and is 0.7 percent lower compared to March of last year.
The social mission known as Barrio Adentro (“Inside the Neighborhood”) celebrates nine years of operation on Monday, in which time its free clinics have been visited over 500 million times, representing a change in Venezuela’s health care model, announced Vice…
The President of the Central Bank of Venezuela, Nelson Merentes, reiterated yesterday that this will be an important year for the country’s economic development, which will be stimulated by social investment projects such as the Great Housing Mission, which…
Venezuela’s Attorney General, Luisa Ortega Díaz, said Wednesday that the Public Ministry is moving forward with investigations regarding the coup d’état of April 11, 2002, perpetrated by right-wing factions at home and abroad.
A meeting on economic cooperation and the creation of the Bank of the South was held yesterday in Quito, Ecuador, with the participation of the economic ministers of the member states of ALBA (the Bolivarian Alliance for the Peoples of…
President Hugo Chávez has announced that Venezuela’s minimum wage will increase by 32.25 percent in two phases beginning on May 1. An initial increase of 15 percent will take place in May 1, putting the minimum wage at $414 per…
The President of the National Institute of Statistics (INE), Elías Eljuri, announced Tuesday that the Venezuelan government has invested $772 billion in social development over the last 12 years.
Venezuela’s Vice President for the Productive Economy, Ricardo Menéndez, said Monday that the goal of the government’s new social program, Mission Knowledge and Work, is to create three million jobs over the next seven years.
