{"id":9589,"date":"2025-01-02T02:24:16","date_gmt":"2025-01-02T02:24:16","guid":{"rendered":"https:\/\/cryptoopia.com\/economic-indicators\/9589.html"},"modified":"2025-01-02T02:24:16","modified_gmt":"2025-01-02T02:24:16","slug":"venezuela-economy-grew-over-9-in-2024-president-says","status":"publish","type":"post","link":"https:\/\/cryptoopia.com\/economic-indicators\/9589.html","title":{"rendered":"Venezuela economy grew over 9% in 2024, president says"},"content":{"rendered":"
CARACAS (Reuters) -Venezuela’s economy grew over 9% in 2024, President Nicolas Maduro said, according to a transcript of an interview published by Mexican media outlet La Jornada on Wednesday. <\/p>\n
“In 2023, we had 5.5% (growth). In 2024, according to all scientific, statistical, and technical data, we will surpass 9% growth in gross domestic product, with a very high level of growth in the real economy, as well as in the hydrocarbons sector,” Maduro told Spanish journalist Ignacio Ramonet. <\/p>\n
Venezuela’s economy in recent years has experienced a prolonged crisis marked by triple-digit inflation and the exodus of millions of Venezuelans seeking better opportunities elsewhere. <\/p>\n
In 2019, the government loosened controls on the private sector, allowing for an informal dollarization, which provided a lifeline to key sectors of the economy. <\/p>\n
<\/p>\n
However, analysts believe the strategy has not been sufficient for a full economic recovery.<\/p>\n
The interview with Maduro is set to air on Venezuelan state television on Wednesday evening.<\/p>\n
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