Venezuela: Elders block streets to demand payment of their pension | PICTURES Trade | World | Latin America



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Caracas. Leaning on their canes, sitting on plastic chairs or standing and holding hands, the elders blocked the streets in several cities of Venezuela on Wednesday to demand the payment of their pensions in cash, very rare . [19659002] In the center of Caracas, about 200 retired stopped the traffic on the busy Urdaneta Avenue, a few blocks from the Miraflores Presidential Palace.

"They do not pay the (full) pension, they pay us only two million" of bolivars in cash (17 dollars according to the official quotation and 60 cents on the black market), said Basilio Octo at the time. AFP, complaining that this sum – a quarter of his allowance – barely enough for 15 eggs

aged 68, this slender man joined the protest in Urdaneta after standing in line in front of the bank since three o'clock in the morning.

Octo, who managed to charge almost at noon, shook unworthy his savings booklet, which reflected a transfer for the rest of the pension. He wanted everything in cash

Venezuela bills are scarce because his impression is lagging behind a hyperinflation that, according to the IMF, could exceed 13,800% this year.

For this reason, in some markets, food and commodities – very little – cost up to three times cheaper if they are paid in cash, with which retirees can increase their incomes .

Paper money is even sold informally to double or triple its value.

"With the card we are stolen, because in point (dataphone) what is worth 10,000 bolivars you put it in 40,000.M. President (Nicolás Maduro), take letters in the matter", Octo

Dozens of retired also protested in Ciudad Bolívar (south), San Francisco and Maracaibo (west), where some entities reported that the cash limit was set by the Superintendency of Banks. 19659011] ► "There is too much hunger"

Seniors blocked motorcyclists from trying to bypass the cordon and kicked out the people who expressed their support for Maduro.

Seventies, many with worn clothes, clung shouting, "We want money."

On June 20, Maduro raised the pensions of retired to 4, 2 million bolivars, but only one kilo of meat costs five million.

On Wednesday, pensioners charged the retroactive of this increase, reason why they were deposited double to them.

"A cambur (banana) and a banana is What I can carry with it (the two million who gave money.) I want all my sheath," said Eulice Bolivar to AFP [19659006] Protecting himself from the sun with a hat, Eulice protested sitting in a small plastic chair that usually leads to lining up in the bank.

"The elderly protest because they need their pension, they need their food, there is too much hunger in 19459004 Venezuela ."

► "We are marginalized"

Crying, Beatriz Mercado, 79 years, he wondered what would reach the two million if only in the pharmacy spends 12 million.

August 4 will begin circulating new bills that eliminate three zeros to the coin, but the biggest denomination today is not enough to buy a coffee

This Wednesday it There were also several demonstrations against failures in the provision of public services, and nurses and workers in the electricity sector demanding better wages.

According to the NGO Observatorio Venezolano de Conflictividad Social, registered in Venezuela the first half of 2018.

"They are marginalizing us (…), they pay what. they want and this is not given, it has earned them one, "complained Jesu Linares, 74, who had been online for five hours to collect his pension.

Source: AFP

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