Back

Economy & Business - July 2007 (ISSN 1741-4431)

VENEZUELA: Cabezas promises another package

Rodrigo Cabezas, the finance minister announced another effort to lower inflation at the beginning of July. He said that he would slow public spending and issue some US$2.8bn in bonds and treasury notes to soak up domestic liquidity and to reduce inflationary pressure. He claimed that the country would not need to devalue this year.

End of preview - This article contains approximately 659 words.

Subscribers: Log in now to read the full article

Not a Subscriber?

Choose from one of the following options

LatinNews
Intelligence Research Ltd.
167-169 Great Portland Street,
5th floor,
London, W1W 5PF - UK
Phone : +44 (0) 203 695 2790
Contact
You may contact us via our online contact form
Copyright © 2022 Intelligence Research Ltd. All rights reserved.