ESPACIO PUBLICITARIO
CARACAS, Thursday January 31, 2013 | Update
 
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FOREIGN EXCHANGE

Venezuelan gov't speeds up forex for the production sector

The Official Gazette 40,101, released on Thursday, contains a related resolution from the Ministry of Planning and Finance

EL UNIVERSAL
Thursday January 31, 2013  12:14 PM
Venezuelan government authorities took action to energize the steps to apportion foreign currency among the companies of the domestic production sector.

The Official Gazette 40,101, released on Thursday, contains a related resolution from the Ministry of Planning and Finance.

The resolution lists tariff codes connected with the measure.

According to the official journal, capital goods, input and raw materials imported by companies from the Venezuelan production and processing sectors up to USD 50,000 will be benefited with the measure.
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Is protest over?

That political protest in Venezuela has lost momentum seems pretty obvious: people are no longer building barricades to block off streets near Plaza Francia in Altamira (eastern Caracas), an anti-government stronghold; no new images have been shown of brave and dashing protesters with bandanna-covered faces clashing with the National Guard in San Cristóbal, in the western state of Táchira; and those who dreamed of a horde of "Gochos" (Tachirans) descending  in an avalanche to stir up revolt in Caracas have been left with no option but to wake up to reality.

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