POLITICAL AGREEMENT TO FREE VENEZUELA FROM SOCIAL CRISIS AND ECONOMIC COLLAPSEPolitical Agreement • January 15th, 2020
Contract Type FiledJanuary 15th, 2020freedom of the proper functioning of the economy but also to confiscate the cash flow of the nation. The petroleum industry has been destroyed as a result of socialist policies. The excessive costs of these policies, coupled with overindebtedness, could not even be covered by the revenue from the collapse of oil production. Without other sources of revenue, monetary policy financed the public deficit which generated hyperinflation and aggravated the economic disaster and the current complex humanitarian emergency.