public spending Archives - The Daily Journal

Acting government submits 2027 budget and borrowing bills to Parliament

October 16, 2026October 16, 2026Tatiana Da GamaLeave a Comment

Delcy Rodríguez’s administration also submitted the National Annual Operating Plan. The parliamentary committees on Economy, Finance, and Oversight will review the proposals. The Daily Journal.- Venezuela’s acting government submitted the national budget, borrowing, and operating plan proposals for fiscal year 2027 to the National Assembly on Wednesday. Sectoral Vice President for Planning Ricardo Menéndez presented […]

Juan Barreto proposes redirecting opaque military spending toward salaries and education

October 8, 2026October 8, 2026Tatiana Da GamaLeave a Comment

The Daily Journal.- Former Caracas Mayor Juan Barreto proposed redirecting part of Venezuela’s military spending, which he claims remains beyond public scrutiny, toward funding teachers’ salaries, retirees’ benefits, and educational programs. During his program No es Podcast Cosa, Barreto questioned the growth of what he described as “opaque” military spending and suggested allocating those resources […]

Economist Manuel Sutherland points to monetary policy as main driver of inflation

August 19, 2026August 19, 2026Tatiana Da GamaLeave a Comment

The Daily Journal.— Venezuela continues to record the world’s highest inflation rate in 2026, and according to economist Manuel Sutherland, the expansion of the monetary base represents one of the main factors driving the acceleration in prices. In his latest analysis, Sutherland estimates that Venezuela’s year-on-year inflation reached 576% between July 2025 and July 2026, […]