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."
Since the Venezuelan government imposed currency and price controls in 2003 property rights have been seriously affected, as the individual's freedom to acquire, use, enjoy and dispose of property has been severely restricted, according to experts.