Date: 5 days ago   Category: Markets

Russia threw forces on rescue of Venezuela


The Russian government economists made the list of recommendations about stabilization of an economic situation in Venezuela, The Bell writes. It is reported that the delegation of the Russian officials headed by the Deputy Minister of Finance Sergey Storchak visited Caracas in November, 2018. The edition studied the list of the proposed measures — its authenticity was confirmed by the federal official. In particular, the Russian economists suggest to enter unconditional basic income for the Venezuelan households. Besides, it is offered to switch-off the press, having stopped thus financing of budget deficit due to issue. Materials on teme00:02 — Dopetrilistrana wanted to lift on April 30, 2018 money on cryptocurrencies, but something went not to a takkroma of that, advise Venezuela to undertake tax reform by an example of Russia, having put emphasis on indirect taxation instead of direct taxes. One more offer — increasing oil production and the maximum diversification of export. Venezuela endures a long economic crisis because of drop in oil prices in 2014. On its background in the country there are mass riots, in shops the acute shortage of all goods is observed. By the end of 2018 inflation in the republic reached 1.3 million percent in annual terms. In December of the 2018th the president of Venezuela Nicolás Maduro said that Russia invests more than five billion dollars in the oil industry of the country and more than one billion dollars in production of the extracting industry. Also Russia will deliver to Venezuela 600 thousand tons of grain. "The film of day" is more than important news in Telegram channel. Subscribe!

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