Maduro recognizes his "responsibility" in Venezuela's economic crisis



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Venezuelan President Nicolás Maduro today acknowledged his "responsibility" for the country's severe economic crisis and said it took two years to "reach" a recovery with "a high level of stability ".

The productive models that we have tried until here have failed, and the responsibility lies with us, it is mine (…), we must advance this economic power we have, "said Maduro in a working day of the Fourth Congress of the ruling Socialist Party. Venezuela (PSUV).

Despite its enormous wealth of resources, Venezuela is going through a serious economic crisis that is resulting in a shortage of food and basic medicines, an insufficient supply of public services and very high inflation. The International Estimate (IMF) will close at 1,000,000% this year.

Often, the Venezuelan government blames the poor performance of its economy on a "war" led by the United States at a time. internal and regional opposition, Maduro himself today asked his ministers to change the excuses to get results.

"What imperialism is attacking us? Pretty whine (…), you do not see me whine, I do not name them anymore, they do not see me whine in front of imperialism. It is attacking us, it is up to us to produce with aggression or without aggression, "he added.

To tackle the crisis, Maduro announced last week a series of measures that include the deletion of the 5 zeros to bolivar, the revision of the laws, the car fleet to promote "rational use" of gasoline and increase taxes on the importation of equipment goods.

The President said today that this recovery program, which he estimates shows "the first symptoms of a new prosperity" "In two years, there are" many things " who have to "go handle", but asked the party's support to disseminate information among the communities.

Analysts consulted by Efe said last week that Maduro's recovery plan is "insufficient", among other things, for not having international financial aid.

Overall, Maduro insisted Monday that "Venezuela has everything to be a middle power in the context of America". ca Latina "and has ratified that his government aims to increase oil production, the engine of the national economy, to 6 million barrels a day."

"Breaking the dependence on oil does not mean that we will not develop the oil. According to the latest report of the Organization of the Petroleum Exporting Countries (OPEC), prepared from secondary sources, Venezuela pumps only 1 , 39 million barrels a day.

The country reported in the middle of the month that its average production in the first half of 2018 was 1,570,000 barrels per day and that it had been successful in "stopping the decline of pumping

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