In 2003, then-President Hugo Chavez introduced price controls for some 40 food and hygiene products to guarantee the poor had access to staple goods.
But lately, in the midst of a cash crisis, price controls seem to have become a headache.
For the first time in years, shortages and inflation have replaced security as the biggest worry for Venezuelans, according to a recent poll by Caracas-based Datanalisis.
[...]
President Nicolas Maduro says shortages are caused by US-backed, far-right groups who smuggle and hoard products in an economic war to destabilise his socialist government.
"Venezuela currently has the necessary goods to feed the people, but there is a problem with distribution," says Eduardo Saman, a former commerce minister in the government of the late Hugo Chavez.
"And distribution is in the hands of companies who operate as a cartel and seek to affect the government," he tells the BBC.
6 comments
Confused?
So were we! You can find all of this, and more, on Fundies Say the Darndest Things!
To post a comment, you'll need to Sign in or Register. Making an account also allows you to claim credit for submitting quotes, and to vote on quotes and comments. You don't even need to give us your email address.
Close
Adblocker not detected
Please install a browser add-on that blocks ads and other malicious scripts in your browser to protect your security and privacy. Learn more
uBlock Origin for Firefox, Google Chrome, and Microsoft Edge