Venezuelan gov't establishes Higher Agency for Upgrade of Exchange System
At the head offices of the Foreign Exchange Management Committee (Cadivi), and together with the president of the Central Bank of Venezuela (BCV), Nelson Merentes, and Minister of Petroleum and Mining Rafael Ramírez, Minister Giordani disclosed that by Wednesday after Carnival a great deal of the works intended to streamline the exchange system will be done, following the economic steps announced on Friday.
He underlined that a blueprint will be outlined for the appropriate use of foreign currency, "according to our priorities." The scheme will be submitted to President Hugo Chávez.
María Fernanda Astudillo is a store analyst for Alimentos Polar working at the company's facilities in La Yaguara. At only 23 years of age, she has made a career in that company where she has worked for the last six years. Now, besides her responsibilities, which include overseeing shipping/receiving and warehousing of goods, she is taking part in the roundtable discussions among the other companies operating in the La Yaguara industrial park, the Government and the workers exploring possible ways of coping with the order to expropriate the land.