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Venezuela’s Bicentenary Bank Launches Third Round of Credits to Boost National Production

President Hugo Chavez during the credit granting ceremony (PP)
The Venezuelan government continued its efforts to expand non-oil sector production on Tuesday by granting 208 million bolivars in low-interest loans to 44 small and medium-sized projects in the textile, industrial construction, agricultural, and paper industries

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Venezuela’s 2010 Budget to Maintain Social Spending and Boost Productive Sector

National Assembly Legislator Ricardo Sanguino (YVKE)

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.

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