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RE: Crashdown Oil Prices - Venezuela's Oil Economy

in Project HOPE4 years ago

the situation here in Venezuela is very critical, we have enormous needs, especially if we get sick because access to medicine is very expensive and public health is zero on the left.
I believe that the measures you mention can solve the problem and I mostly see selling or negotiating the gold reserves as a solution. The way is to stop being a country that depends on oil income, if we get out of it, the country will be able to start moving forward.

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 4 years ago  

At current gold prices, selling part of the reserves would bring good capital to the state's finances. The sad thing is that a large part of these resources will be devoured by corruption.