fiscal policy Archives - The Daily Journal

Venezuela reports 22.6% increase in non-oil tax revenue and announces tax reform

October 9, 2026October 9, 2026Tatiana Da GamaLeave a Comment

The Daily Journal.— Venezuela’s non-oil tax revenue increased 22.6% so far in 2026, acting President Delcy Rodríguez said Thursday during the opening of the 82nd Annual Assembly of Fedecámaras in Caracas. Rodríguez announced during a meeting with business sector representatives that her administration plans to pursue a tax reform aimed at harmonizing the country’s tax […]

The London Consensus and Venezuela: keys to a new economic model

September 24, 2026September 24, 2026Tatiana Da GamaLeave a Comment

The London Consensus advocates a strong state, influential labor unions, and well-being as a central priority. As Venezuela transitions, this framework offers a roadmap to overcome the inherited collapse and avoid repeating past mistakes. The Daily Journal.- Following the events of January 3, 2026, when U.S. forces removed President Nicolás Maduro, and the recent oil […]

The inequality of phantom growth: why Venezuela and Ireland suffer from the same macroeconomic mirage

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

Andrés Ramón Giuseppe Ávalo In conventional economic analysis, Venezuela and Ireland rarely appear in the same conversation. One is a European technology and pharmaceutical hub; the other is a Caribbean oil-producing nation recovering after years of acute economic collapse and severe international sanctions. Yet beneath their profound geographical and institutional differences lies a shared structural […]

Fiscal concerns and lack of transparency shape economists’ debate over U.S.-Venezuela oil deal

September 1, 2026September 1, 2026Tatiana Da GamaLeave a Comment

The Daily Journal – The announcement of the oil agreement between Venezuela’s Acting President Delcy Rodríguez and U.S. President Donald Trump has sparked widespread debate among the country’s economists. Unlike the critical consensus among former oil ministers, economic experts have expressed a broader range of views, from deep fiscal skepticism to cautious optimism and open […]

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 […]