VENEZUELA: MINISTER OF FINANCE RECOGNIZES PDVSA AND CENTRAL BANK GAIN WITH DEVALUATION.(Tobias Nobrega)(Brief Article)

From: IPR Strategic Business Information Database | Date: July 10, 2002 | Copyright information

The denunciations which a good number of economists have been formulating, in which they say that the Government is causing the devaluation of the Bolivar to cover the fiscal deficit, face the position of the minister of Finances, Tobias Nobrega, that undertook a crusade to demonstrate how the Executive does not beneficiate with the loss of the value of the national currency in his quotation with respect to the dollar. According to El Nacional, in its more recent declarations, Nobr...

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