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Venezuela Opposition Say Maduro Plans Gasoline Hike Next Month

  • Opposition lawmaker says move should be debated by Congress
  • Venezuela gasoline is the cheapest in the world at 6 cents

Venezuela’s opposition believes President Nicolas Maduro will raise gasoline prices next month and wants a debate in the the National Assembly before any unilateral decisions are announced, Jose Brito, a lawmaker on the oil committee, said in an interview at Bloomberg’s office in Caracas.

“The government wants to strategically announce a gasoline price hike by the Friday before the Carnival holiday, along with an announcement of economic measures,” said Brito, a member of the opposition Primero Justicia party. “We at the oil committee will request a debate of this matter at tomorrow’s national assembly session.”