While important, it’s difficult to estimate how much the government wants to increase spending without an estimated average exchange rate, said Jesús Palacios, a senior economist at Caracas-based financial consultancy Ecoanalítica.Ī majority of the country’s lawmakers granted preliminary approval to the budget Wednesday. Rodríguez said about 77% of the budget will be dedicated to “social spending.” While this year’s budget is almost twice the $11.5 billion set for 2023, the calculation is made using Wednesday’s official exchange rate for the bolivar, which has weakened a little more than 50% in the past year. Maduro and Guyanese President Irfaan Ali are set to meet on Thursday to discuss a deescalation of the border dispute. President Nicolás Maduro, widely expected to run for a third consecutive term next year, has rattled regional allies by calling for a large chunk of land claimed by neighboring Guyana known as Essequibo to become a Venezuelan state. ![]() Morning Meltodown 100 Get Started Guide and Calendar (Digital) Be 100 Book 39.95 Retail Price Your Price 39.95 USD + s&h Learn More About. She’s also the co-creator of FIRE AND FLOW with Elise Joan as well as co-creator of CORE DE FORCE® with Joel Freeman, and a motivational voice for countless fans. Get the Be 100 cookbook, the Get Started Guide, Nutrition Guide. As the creator of Morning Meltdown 100, Jericho helps awaken your fearless self. The funds are aimed toward “defending our Essequibo and Venezuela from external aggressions,” she said without adding details. Transform your body and energize your mind and spirit with Morning Meltdown 100 Accessories Bundle. This is the first time that the defense of the Essequibo region will be formally included in the budget, Vice President Delcy Rodríguez said from congress on Wednesday. ![]() (Bloomberg) - Venezuela nearly doubled its 2024 budget to 730 billion bolivars or the equivalent of $20.5 billion as President Nicolás Maduro prepares for presidential elections and forecasts additional spending for the defense of the Essequibo territory.
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