President in charge Delcy Rodríguez announces a 37% increase in the budget for regions

Published at: 21/01/2026 06:57 PM

At the first meeting of the year of the Federal Government Council (CFG), the President in charge of the Republic, Delcy Rodríguez, announced that foreign exchange resources will be increased by 37% for regional budgets.

“I know they need it, because I've had the direction of the CFG and I'm saying at least 37% ( ... )”, he said.

He recalled that two sovereign wealth funds were created so that the resources that come from new investments into the country go to those funds. “The first is for social protection: health, housing, salaries, education and the second for public services and infrastructure: water, electricity, roads. But the CFG and the regions will also have improvements so that they can have more resources and face management and can agree on joint actions together with the national cabinet,” he explained.

Rodríguez pointed out that “in budgetary matters we will be reporting everything, no one can say that there has been secrecy. No, in the worst moments we have informed the country.” He added that the economic program that will be implemented in the country this year is that of President Nicolás Maduro, called Admirable Challenge 2026 and “for him as for us, this challenge is going on”.

He specified that the distribution of these resources maintains a profoundly communal approach: 53% will be transferred directly to Popular Power, while 29% will be allocated to governorates, 15% to mayors and 3% to institutional strengthening.

He added that the team will work to determine the procedure to be used to provide support to some mayors and thus correct imbalances in relation to the distribution and allocation of resources.

Mazo News Team