economy

“Venezuela mostrará un crecimiento económico extraordinario”: Calixto Ortega

El vicepresidente sectorial de Economía y Finanzas, Calixto Ortega, afirmó que Venezuela está preparada para atraer inversiones e iniciar una nueva etapa de oportunidades económicas, luego de alcanzar niveles de estabilidad tras los hechos ocurridos el pasado 3 de enero.

“Venezuela mostrará un crecimiento económico extraordinario”: Calixto Ortega

TL;DR

  • Venezuela is prepared to attract investments and enter a new economic phase after achieving stability.
  • The Hydrocarbons Law has been reformed to offer favorable conditions and legal security for international investors.
  • Venezuela has overcome economic blockades and coercive measures through its own mechanisms to reactivate production.
  • The country aims to diversify its economy, moving beyond its reputation for oil reserves to become known for high production levels and economic diversification, similar to the UAE model.
  • Venezuela claims to have defeated hyperinflation and achieved low levels of scarcity.
  • The reformed Hydrocarbons Law will facilitate private participation in the energy sector and promote productive diversification.
  • Venezuela anticipates extraordinary improvement and growth if allowed to function as a normal country.