Venezuela to Approve Price Regulation Laws Today, Chavez Says
By Nathan Crooks -
2011-07-14T13:14:01Z
Venezuela’s President Hugo Chavez will approve a law to regulate prices and profit margins at a cabinet meeting today, Chavez said on his Twitter account.
Finance Minister Jorge Giordani said on May 3 that the government was working to develop a national pricing commission to regulate prices and profit margins in order to combat inflation.
To contact the reporter on this story: Nathan Crooks in Santiago at ncrooks@bloomberg.net
To contact the editor responsible for this story: Joshua Goodman at jgoodman19@bloomberg.net
Sponsored Link
Rate this Page
Bloomberg moderates all comments. Comments that are abusive or off-topic will not be posted to the site. Excessively long comments may be moderated as well. Bloomberg cannot facilitate requests to remove comments or explain individual moderation decisions.