Advanced Search

LatinNews Daily - 26 October 2021

Click here for printer friendly version
Click here for full report

In brief: Think tank reports increasing economic activity in Venezuela

* The Observatorio Venezolano de Finanzas (OVF), an independent think tank founded by Venezuela’s political opposition, has reported that overall, economic activity from January-September declined by 2.7% compared to the same period in 2020. Nonetheless, the OVF notes that this is a dramatic improvement on the 65.9% year-on-year contraction that was recorded in the first nine months of 2020, when President Nicolás Maduro’s government imposed tight restrictions on movement in an effort to contain the coronavirus (Covid-19) pandemic.