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Venezuelanalysis

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Argitaratuaurt. 16(a)2024/01/16 (21:50)
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President Maduro outlines a major political initiative for Venezuela's sustainable economic recovery in his annual address to the National Assembly. The plan focuses on economic modernization, political independence, safety, social issues, political participation, the environment, and geopolitics. Despite economic challenges and US sanctions, Venezuela saw a 5% GDP increase in 2023 and has a target of 8% growth in 2024. Efforts include economic diversification to reduce reliance on oil. Acknowledging inflation's impact, Maduro doubled the "economic war bonus" for public sector workers, indexed to the US dollar, although facing criticism for not impacting formal wages. Read the full article at https://bit.ly/3S2zANZ