Maduro announced the introduction of an emergency plan for the economy of Venezuela – BBC

05.01.2016, 07:15

Venezuelan President Nicolas Maduro said that soon the country will be announced emergency economic measures, reports the Venezuelan agency AVN .

«In the coming hours we put in place a contingency plan for the adoption and revision of the country’s economy and on building a productive economy at national, regional and local scales, “- he said.

According to the President, the purpose of these measures is to” increase the fundamentals of production, product distribution, commercialization and price controls. ”

The new plan will be submitted to parliament. Maduro called him “not to boycott” the measures.

Previous reported that Venezuelan President Nicolas Maduro through reforms deprived the parliament of the country the possibility to appoint and dismiss the board of the central bank.

As a result of the parliamentary elections in December 2015, opposition forces in Venezuela for the first time in 17 years, won the majority of seats in the National Assembly of the country. Nevertheless, the Supreme Court of Venezuela announced the suspension of the entry into office of the four deputies, including three of the opposition, which deprived the opposition of a qualified majority obtained by the election results.

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