The Venezuelan National Assembly approved the Finance Ministry’s 2010 national budget proposal without modifications on Wednesday. Nearly 46% of the budget is allocated to public education, social development, health care, and the innovative social missions which have improved the poor’s access to health care, education, economic stimulus, and food security over the past five years.
Venezuela’s Minister for Finances and the Economy, Alí Rodríguez Araque, presented the national budget proposal for the year 2010 on Tuesday with more than 45% of the total directed towards social spending.
Venezuela certified its largest reserve of natural gas
this week and announced the discovery of new deposits of coltan, a key mineral
for electronics manufacturing.
