06 de febrero de 2017 14:42 PM
Actualizado el 06 de febrero de 2017 14:49 PM
Economist Francisco Rodríguez said that the contraction of Venezuelan GDP amounted to 17% in 2016.
The expert explained that such estimation comes from the historical ratio of GDP to imports during the country FY2016.
In this sense, he said that last year these expenses collapsed 52% due to the lack of forex generation, resulting, among others, from an unprecedented drop in oil revenues.