Central Bank president cherishes inflation at 14%-16% in 2013
During his presentation at the National Assembly Finance Committee, Nelson Merentes, the president of the Central Bank of Venezuela (BCV), said that a 6% growth by 2013 is attainable
Giordani reiterated that the budged was premised on prudence. "We must get ready for any event of the world economy," he advised.
For his part, Nelson Merentes, the president of the Central Bank of Venezuela (BCV), said that the goals of inflation in 2013 at 14%-16%, and 6% growth "are possible."
He added that annualized inflation this current year at 17.9% is far below the budgeted inflation at 20%-22%.
"There is an upward trend," he commented with regard to the economic outcome in the third quarter of 2012.
With reporting by Mayela Armas
Luis Jiménez Alfaro seems to have hidden under the rocks. The last time he was seen was on April 2006 walking calmly around Simón Bolívar International Airport of Maiquetía, located nearby Caracas. At that time, more than five tons of cocaine arrived in Mexico in an airplane which took off from Venezuela, and his name featured as a missing piece of the puzzle of one of the most massive drug shipments that has been witnessed in the Western Hemisphere.