CARACAS, Wednesday September 01, 2010 | Update
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
02:57 PM. HEAVY RAINS. Venezuelan Executive Vice-President Elias Jaua reported that the government is designing plans to support farmers, cattlemen and peasants of the state of Mérida who have been hit by heavy rains that have caused crop losses.