An emergency is required to maintain the country’s labor sectors in the context of a global “economic war”.
Venezuela president Nicholas Maduro signed an order in an extraordinary economic situation awaiting the approved national assembly. Reuters reported it.
“The order aims to maintain the country’s economy balance in the context of raising tariffs and licenses,” Maduro said.
The document announced a rare economic situation in the country for 60 days. It is necessary to maintain the country’s labor sectors in the context of the global “economic war”.
According to the President, the command allows him to take all the necessary steps to ensure economic growth, especially:
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general suspension of tax and application collection;
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permission of costs from Treasury and other financing sources not provided for the annual budget;
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Resistance to tax prevention, the introduction of importing mechanisms, investment stimulation.
Maduro added that it is very important to get new investment sources. According to him, anyone who wants to invest in Venezuela will receive a special relationship.
Remember, on April 2, US President Donald Trump announced the beginning of a trade war at the same time in all states of the world, introducing duties from 10% to 50% for imports in the United States, depending on the country of origin.
The American leader said the United States earned $ 2 billion days at the expense of tariffs introduced.
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Source: korrespondent
I’m Liza Grey, an experienced news writer and author at the Buna Times. I specialize in writing about economic issues, with a focus on uncovering stories that have a positive impact on society. With over seven years of experience in the news industry, I am highly knowledgeable about current events and the ways in which they affect our daily lives.