Venezuelan forex board allocates USD 33 billion in 2012
The granted foreign currency records a 5.6% hike versus 2011
Imports were granted USD 26.01 billion, including USD 18.17 in regular imports, the Venezuelan government agency broke down.
Furthermore, USD 1.46 billion was authorized for financial operations; USD 3.33 billion for credit cards and USD 2.34 for miscellaneous.
Around 1.5 million Venezuelans have decided to emigrate in search of a better future for their families. The figure accounts to between 4% and 6% of the overall population. Approximately 88% of these expatriates have made up their mind to emigrate over the last 15 years.