Tag: Fiscal Revenue

Venezuela raises oil production to 1.23 million barrels per day

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The Daily Journal.- Venezuela’s oil production has surpassed 1.23 million barrels per day (bpd), reaching its highest level since February 2019, acting President Delcy Rodríguez reported. “Amid the emergency, our oil production did not stop. Today, it exceeds 1.23 million barrels per day, its highest level since February 2019,” Rodríguez said in an address to […]

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UNDP: Venezuela’s economy to grow 6.5% in 2026, with inflation near 385%

Tatiana Da GamaLeave a Comment on UNDP: Venezuela’s economy to grow 6.5% in 2026, with inflation near 385%

The Daily Journal.— The United Nations Development Program (UNDP) projects that Venezuela’s Gross Domestic Product (GDP) will grow by approximately 6.5% by the end of 2026, supported by stronger oil activity and greater access to private capital, even as the country faces estimated inflation of 385%. The multilateral organization presented the estimate in its Venezuela […]

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