President Delcy Rodríguez: monetary sovereignty is essential for economic growth

Published at: 08/10/2026 02:13 PM

The President of the Republic, Delcy Rodríguez, affirmed that monetary sovereignty is essential for the country's economic growth, speaking at the 82nd Annual Assembly of FEDECÁMARAS, where she also announced the incorporation of new megawatts to the national electricity system and called for overcoming the phase of political violence.

“Monetary sovereignty is essential for economic growth, and like any country in the world, it obviously has access to foreign exchange for its production process. It is not dollarization that will lead the way to growth,” said the president, who stressed that the Executive has adopted financial and banking policies to direct financing to the productive sector.

In electrical matters, Rodríguez reported that of the 800 megawatts that were lost after the seismic double, 600 have already been recovered, and that by the end of the year the affected generation will be complete. It also announced the execution of a plan to incorporate 1,300 megawatts into the national thermoelectric system before December, and the addition of 7,400 megawatts in the medium term derived from agreements with General Electric and other companies.

The head of state also announced that in the coming days a reform of the National Electricity System Law will be presented that allows private participation in generation, transmission and distribution processes.! It's not going to happen this year! , he assured.

Rodríguez also highlighted cooperation with China for the connection of Central Plant 6 machine, which will provide 600 megawatts and provide stability to the central and western regions. In her speech, the president called for leaving the confrontation behind. “Enough of the violence; Venezuela suffered a lot during 2014, 2017 and 2018. Let's turn the page on violence, because it's not the way to solve the country's problems,” he concluded.

Mazo News Team