AN approved in the second discussion the National Budget and Indebtedness Laws 2026

Published at: 09/12/2025 10:22 PM

The National Assembly (AN) approved this Tuesday, December 9, in the second discussion, with a qualified majority, the Budget Bill for Financial Year 2026, as well as the Special Law on Annual Indebtedness for Financial Economic Year 2026.

During the regular session, the first vice-president of the AN, Pedro Infante, highlighted the approval in its different parts, in addition to pointing out that the legal instrument is sanctioned for application in 2026.

The vote reaffirms parliamentary support for the economic planning presented by the Executive Branch.

In the debate, the president of the Permanent Committee on Economy, Finance and National Development of the AN, deputy Jesús Farías, emphasized the recognition of the working class. “Despite the blockade and difficulties, the Venezuelan economy has shown sustained growth since 2022,” he said.

“This approved budget is in line with the needs of the country and includes investments to stimulate production, strengthen peace and improve the quality of life of the Venezuelan people for the coming year. This instrument is adjusted to the national reality and projects consolidated growth, as recognized by international organizations,” he said.

The deputy assured that the Bolivarian Government will continue to guarantee peace, stability and sovereignty of the country. “The country's workers can be absolutely sure that we have a revolutionary and socialist government that has as its first option to pay that debt to the workers,” he said.

Faria also reaffirmed that Venezuela will have the highest economic growth on the planet.

He added that the budget will progressively improve the quality of life of the Venezuelan people, which will contribute to peace and political independence.

The approved budget for 2026 is five trillion 22 thousand 968 million 785 thousand 870 bolivars, a figure that will serve as the basis for the execution of social programs, investment projects and public policies in the next financial year.

Mazo News Team