ESPACIO PUBLICITARIO
CARACAS, Monday December 31, 2012 | Update
 
|
share
|
FINANCE | According to central bank numbers

Venezuela's international reserves drop USD 3.73 billion in 2012

Pdvsa's transfers to the National Development Fund (Fonden) have undermined the amount of US dollars available for the private sector

Liquid reserves do not exceed USD 3 billion (File photo)
EL UNIVERSAL
Monday December 31, 2012  02:04 PM

Statistics from the Central Bank of Venezuela (BCV) show that as of December 27, international reserves tumbled USD 3.73 billion in 2012 and stood at USD 26.15 billion.

Out of such amount, 85% is gold bars. Dollars in cash -technically known as liquid reserves, which the central bank has immediately available to pay imports and foreign debt, do not exceed USD 3 billion.

State-run oil firm Pdvsa deposits more than half of oil revenue in the National Development Fund (Fonden), a facility the Venezuelan government uses to afford investment projects. Consequently, international reserves dwindle despite high oil prices.
|
share
|
ADVERTISING SPACE
Dossier
Living with HIV/AIDS (II)

At first she agreed that I use her real name, that she had no problems with that at all. After all, living with HIV had driven her to help others – as a workshop facilitator giving talks and conducting seminars, or as a volunteer for local AIDS Service Organizations like Acción Solidaria (Solidary Action) and Mujeres Unidas por la Salud (Women United for Health, or Musa), a support group network for HIV-positive women. But when we were well into the interview, the realization that she might lose her private health insurance coverage made her change her mind.

fotter clasificados.eluniversal.com Estampas
Alianzas
fotter clasificados.eluniversal.com Estampas
cerrar