ASSESSMENTS
For Venezuela, There's a Little Light at the End of the Tunnel
Jan 25, 2018 | 14:55 GMT
(FEDERICO PARRA/AFP/Getty Images)
Highlights
- Venezuela's inflation will accelerate in 2018 due to reduced access to foreign currency and the rapid growth of the country's monetary base.
- Any post-Maduro government will inherit a country with a heavily reduced oil sector, with an overstaffed public sector and with currency control mechanisms that encourage the misuse of government oil revenue.
- Controversial austerity measures are likely to encounter resistance from government workers and members of the United Socialist Party of Venezuela.
Proceed to sign up
Register NowAlready have an account?
Sign In