fiscal policy Archives - The Daily Journal

Oil production reaches 1.2 million barrels per day

July 14, 2026July 14, 2026Tatiana Da GamaLeave a Comment

The Daily Journal — Venezuela’s Acting President Delcy Rodríguez said on Monday that the economic impact of the June 24 earthquakes remained “localized” and stated that the country’s main sources of revenue continue to grow, including oil production, which she said has reached 1.2 million barrels per day. Speaking at a National Economic Council meeting […]

Reconstruction exceeds Venezuela’s fiscal capacity, José Guerra warns

July 11, 2026July 11, 2026Tatiana Da GamaLeave a Comment

The Daily Journal — Rebuilding the areas devastated by the June 24 earthquakes exceeds the Venezuelan government’s fiscal capacity and will require the country to secure extraordinary sources of financing to cover an investment that could reach $15 billion, economist José Guerra said. The former congressman argued that the deterioration of public finances prevents the […]