National leader: Venezuela registers an inflationary slowdown and closes March with 1.2%

Published at: 08/04/2024 08:30 PM

The President of the Republic, Nicolás Maduro, highlighted the positive thing about the fact that inflation in Venezuela slowed down and the month of March it closed at 1.2% and accumulated 4.1% in 2024.

This was stated in the 40th edition of the program “With Maduro+”, where he explained that these are “positive, solid economic indicators that we have achieved with our guts, with our own efforts”.

He stressed that this achievement has been achieved despite “the sanctions, because the sanctions have never lifted them, on the contrary, they threaten with more sanctions”.

In this regard, he specified that “there is a key engine that is the economy, we experienced that in the midst of the pandemic, because the economic recovery began in 2021.”

“From the neighborhood, from the community, from the family, from the woman, the enterprise accompanied a recovery of real agricultural activity, real industrial activity and all economic activity,” he recalled.

He said that thanks to these advanced steps, the country already has a new way of producing and generating great benefits.

“What we could say is already well connected, the new machinery of a new economic model that is to produce goods, services and to produce wealth as well,” he said.