"Among investors in the region, the debate is no longer whether the country represents an opportunity or a risk. The question is whether or not you've already been to Caracas."
"Venezuela, which lost up to 70% of its GDP under Chavismo, is undergoing a phase of economic liberalization directed from Washington and implemented in Caracas by interim president Delcy Rodriguez."
"In the worst-case scenario, we will double the profits from our oil production, the Venezuelan economist Luis Vicente Leon announced to investors at the club."
"Production currently hovers around one million barrels per day, and the government projects reaching 1.3 million by the end of 2026."
Venezuela is experiencing an economic recovery after years of decline, driven by liberalization efforts and a focus on oil production. Investors are optimistic about opportunities in various sectors, including energy, tourism, and logistics. The interim government is implementing changes that have led to increased foreign interest, with oil production projected to rise significantly. However, uncertainties remain due to partial sanctions and potential political shifts. The country is regaining attention from global investors, marking a significant turnaround in its economic landscape.
Read at english.elpais.com
Unable to calculate read time
Collection
[
|
...
]