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Andean Group - September 2014 (ISSN 1741-4466)

ECONOMY: Govt-private sector still at severe odds

Jorge Roig, the president of Venezuela’s main business chamber Fedecámaras, has called on the government led by President Nicolás Maduro to sit down with the private sector and “take decisions” in the face of the “very grave crisis” in the country. Fedecámaras suggests the economy could be looking at a contraction of 4%-5% this year.

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