Vice President Rodríguez: Venezuela is still on the path of economic growth

Published at: 17/07/2025 03:35 PM

This Thursday, July 17, the Executive Vice President of the Republic, Delcy Rodríguez, stressed that Venezuela's economic growth continues to advance, despite the blockade, sanctions and the economic war against the country.

“We are still on the path of growth, we are doing well, there are always things to adjust, but we are doing very well despite the international situation, the tariff wars (...) Venezuela has been a victim of the economic war, but despite this there is growth and that is an important achievement,” he said during his speech at the 81st Annual Assembly of Fedechambers.

At the same time, he recognized the country's productive sectors and businessmen, since thanks to joint efforts, it has been possible to make progress in the country's economic growth.

In this regard, he highlighted that the mining sector, together with the hydrocarbon sector, are the ones with the highest growth. In turn, he explained that growth in gold is 158% only in State plants, while those in the private sector are 52%. “These are extraordinary numbers,” he said.

“Venezuelan gold is in a process of growth and it is very important that we can feed our international reserves and back them up with gold,” he said, noting that coal also shows great growth of 186.5%; as is iron with 24.4%.

For this reason, he specified that the metallurgical sector “already projects a 165% closure for the whole year; that is why the mining sector is growing and growing well and that allows us to accompany the country's industrial chains”.

With regard to agro-industry, he reaffirmed that today Venezuela can ensure full supply thanks to policies to support the productive sectors. Therefore, he specified that chicken production has grown by 14%; pork 4%; milk 11%; eggs 2%; and vegetables 7%.

He also noted that the aquaculture sector has also registered growth, which stands at 6%; likewise, he indicated that the pharmaceutical sector, which today has grown by 83.6%. “Food and medicine for the Venezuelan people are sectors that we have established as strategic sectors,” he said.

He reaffirmed that the oil sector has also increased its growth. “With a license or without licenses, growing (...) there we are growing, incorporating barrels every day with our own efforts, with national and international alliances,” he said.

Mazo News Team