Is the Venezuelan Economy Stabilizing or Is the Worst Still to Come?
NOVANEWS
Venezuelan portal 15yÚltimo's latest editorial discusses the current economic reality and what may lie ahead.
By 15yÚltimo
Venezuelanalysis.com
Lots of readers have asked us via social media what we think are the reasons that led the government and the Central Bank (BCV) to publish, all of a sudden, indicators that, also suddenly, stopped being published over three years ago.
Some conjured their own theses amidst the questions: that it might be part of the Oslo negotiations [with the opposition], or that a deal with the International Monetary Fund (IMF) was on the way. These two were the most common. Others wondered if the Chinese or Russians had pressured the government to do so.
Also among readers’ concerns, but more pressing, was the issue of hyperinflation, whether...