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Consumption | The proposal involves the most rigorous diet

Ex BCV director: The good living card does not come straight to the point

In the opinion of Domingo Maza Zavala, former director of the Central Bank of Venezuela (BCV), there is the need to encourage domestic production to fight against inflation

He urged the government to join efforts with the private sector (File photo)

Economy
Domingo Maza Zavala, former director of the Central Bank of Venezuela (BCV), is not very optimistic about the effective implementation of "the good living" card to buy financed staples through the government-run food network Biceabastos.

He thinks that the card will be used only by low-income sectors, because most people will rather choose their consumption. In his opinion, it is a rigorous diet imposed on the card holder. He also fears that it could be used as a "rationing card."

In that case, economic liberties would be endangered. "One thing is food guidelines for health reasons, and another thing is both qualitative and quantitative restrictions," Maza Zavala told El Universal.

Yaneth Fernández
EL UNIVERSAL


On the Cover

IISS: The FARC financed Chávez before 1999

10:07 AM. DIPLOMACY. Admired by the Colombian guerrilla after his coup attempt in 1992, the then lieutenant colonel Hugo Chávez Frías received financial support by the Colombian Revolutionary Armed Forces (FARC) for his projects after his capture that year. This mostly explains the relationship and "debt" between the parties, as revealed by a paper of the International Institute for Strategic Studies (IISS) of the United Kingdom.

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