Venezuela's shop earnings should not be more than 25%
Prices must be established depending on costs
Vice-Minister of Domestic Trade Yajaira Briceño highlighted that the Law on Fair Costs and Prices has been successfully applied in the country, because prices of 19 products have been stable after costs were checked and regulations were applied.
She believes that the cost structure is beginning to be discussed.
"We all have to learn to work with cost structure, because all these processes carry within an expense, a cost or an investment. At the end, prices must be a relationship between costs and utility," stressed Briceño.
She added that the Venezuelan State must go forward in the analysis of corporate profits, because, according to her, a basic product "may not have a very high profit."
Translated by Karen Daza
The very early morning after the presidential election (April 15), both candidates requested the National Electoral Council (CNE) to conduct a full audit of the process: one, Henrique Capriles, because he asserts that the election results are different from the ones announced, and the other one, Nicolás Maduro, in order to clear any doubt regarding his victory, and to reinforce his political stance. Nevertheless, as it is already known, President Maduro changed his mind.