Maduro estimates overconsumption at 30%
The Food and Agriculture Organization of the United Nations will award Venezuela for its advances in food
Said progress is hallmarked by three fundamental areas for people's development: more food availability or higher calories consumption, and reduced hunger and children's malnutrition, AVN cited.
Regarding shortage in the country, the Venezuelan Head of State attributed the issue to overconsumption.
"Consumption jumped 30% with respect to regular periods in previous months. Why? For two reasons: there is overconsumption due to people's purchasing power and the other (reason) is the (shortage) campaign." Maduro added that there was no economy in the world exempted from "the speculative attacks of commercial psychosis."
President Nicolás Maduro is not only the heir to the throne, but also to an economic crisis which demanded urgent measures to rectify the course. The crisis showed up in two aspects: a 50% inflation estimate, and shortage of staples ranging between 70% and 98%. These issues might hit the President's poor popularity; considering his feeble electoral victory of 1% over his challenger.