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Venezuela urgently buys grain abroad, the country has a deficit of bread

By: admin |
March 3 2016 14:00




The Venezuelan government urgently has purchased 50 thousand tons of grain to meet the needs of the domestic market in bakery products because of its deficit, reports the Agency “Prime”.

The shortage of bread in the country led recently to the introduction of restrictions on its sale in one hand, in some places the bread is all gone, and the prices on products are rising almost every week.

“We confirm the arrival of 50 thousand tons of grain for baking bread to supply to them the industry and to ensure food for the people”, – wrote in his microblog on Twitter food Minister Rodolfo Marco Torres.

On Wednesday, the Minister held a meeting with representatives of large companies, producing bread products, on the background of acute shortage of grain for bread making in the country in recent weeks.

According to the national Federation of producers of flour in Venezuela, there is a shortage of grain is about 80 thousand tons, and the existing reserves will last barely a month.

The economic situation in Venezuela has acquired critical character amid shortages, galloping inflation and falling government revenues due to a decline in oil prices and the crisis in relations between the Executive and legislative branches of government after the start of the opposition of Parliament.

In mid-February, Venezuelan President Nicolas Maduro abruptly dropped the exchange rate of the country and raised the price of gasoline, which for 10 years has remained the lowest in the world.

The main source of income of Venezuela is oil – it accounts for 96 out of every 100 dollars earned by the state on foreign trade. The country imports about 70% of all products coming into the market.

In 2005, the Venezuelan government announced the policy of “socialism of the XXI century” and, according to now-deceased leader of the country Hugo Chavez, “came to the forefront of the struggle against capitalism, devouring life, people and nature.” At the same time, Chavez declared: “the Free market need of the bourgeoisie to Rob people, to steal from workers and thus to enrich themselves. No free market”.




Venezuela urgently buys grain abroad, the country has a deficit of bread 03.03.2016

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Venezuela urgently buys grain abroad, the country has a deficit of bread

By: admin |
March 3 2016 14:00




The Venezuelan government urgently has purchased 50 thousand tons of grain to meet the needs of the domestic market in bakery products because of its deficit, reports the Agency “Prime”.

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