Advanced Search
 
Caracas, Monday December 19 , 2005  
Principal > Daily News > News
 

Chávez proposes alternate social currency


President Hugo Chávez said he is to implement his 2007-2013 government plan as of January 2006, even though the vote where is to run for re-election is 12 months away. One of his intended moves is to create a so-called social currency, alternate to the Venezuelan bolivar.

Under this proposal, a number of local tenders would be created to exchange goods and services between cooperatives and endogenous development cores being implemented under the aegis of the Popular Economy Ministry, headed by Elías Jaua.

Chávez' promises for next year include eradication of large estates by application of his "Cha-Az" method -which involves negotiation of land re-apportionment with current owners-, extension of social projects known as "misiones" and drafting of new job generation plans.
 
The Venezuelan President also made reference to the results of December 4th parliament election, ensuring that there were no excuses for such a low turnout.

"There is no justification. They are telling me that people have less motivation when they are to elect lawmakers. I cannot take that. Almost six million people voted No (in a referendum seeking Chávez' removal from power in August 2004), and now in parliament polls we fell short of three million ballots. Where are the rest of ballots? What happened here, you governors, mayors, and community leaders? I take no excuses from anybody. I am the leader now."




 
Print with 
a
Privacy policy | Legal Terms | Terms of use
Advanced Search
Copyright @ Diario El Universal C.A. 2005