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Economy & Business - June 2011 (ISSN 1741-7430)

VENEZUELA: Debt 'til we die

Despite the boom in oil prices, on 12 June President Hugo Chávez said (from Cuba) that he had promulgated the ‘Special Complementary Indebtedness Law' for 2011, which will allow the government to issue an additional BF45bn (US$10.4bn) in debt this year.

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