Venezuela Gasoline Subsidy Was 11 Billion Bolivars Last Year

Venezuela’s gasoline subsidies reached about 11 billion bolivars ($2.56 billion) in 2011, Vice President Elias Jaua said today at the National Assembly. He spoke in comments broadcast on state television.

To contact the reporter on this story: Nathan Crooks in Caracas at ncrooks@bloomberg.net

To contact the editor responsible for this story: Dale Crofts at dcrofts@bloomberg.net

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