Economics

Maduro’s Reluctant Reforms May Halt Venezuelan Economic Freefall

Government, some private forecasters anticipate growth in 2021
Policy reversals being led by VP Rodriguez, adviser Rivera

Venezuela Vice President Delcy Rodriguez, says that the economic reforms recently implemented by President Nicolás Maduro are consistent with the administration’s guiding principles of Bolivarian socialism. She spoke exclusively in Caracas with Bloomberg’s Erik Schatzker.Source: Bloomberg

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By Patricia Laya, Alex Vasquez, and Erik Schatzker

June 22, 2021 at 9:00 AM UTC

Updated on

June 22, 2021 at 2:18 PM UTC

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After the worst economic collapse in modern history, Venezuela’s economy may finally have hit bottom.