Written question asked by Lord Spellar (Labour) on Monday, 1 July 2019, in the House of Commons. It was due for an answer on Wednesday, 3 July 2019. It was answered by Alan Duncan (Conservative) on Monday, 8 July 2019 on behalf of the Foreign and Commonwealth Office.
Venezuela: Economic Situation
- Question
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To ask the Secretary of State for Foreign and Commonwealth Affairs, what recent assessment he has made of the effect of the economic crisis in Venezuela on the (a) political and (b) economic situation in that country.
- Answer
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The Venezuelan economy is in a desperate state. The IMF is forecasting inflation in Venezuela to reach 10 million per cent for 2019 and the Venezuelan Central Bank has reported a drop of over 55 per cent in GDP since 2013. This is a man-made disaster caused by the Maduro regime's economic mismanagement. It has resulted in a political, economic and humanitarian crisis forcing more than 4 million Venezuelans to leave.
Secondary information
- Type
- Written question
- Reference
- 271360
- Session
- 2017-19
- Subjects
- Economic situation Politics and government Venezuela
- Link
- View this Written question on www.parliament.uk
Librarians' tools
- Timestamp
- 2019-07-08 16:31:35 +0100
- URI
- http://data.parliament.uk/writtenparliamentaryquestion/commons/2017-19/271360
- In Indexing
- http://indexing.parliament.uk/Content/Edit/1?uri=http://data.parliament.uk/writtenparliamentaryquestion/commons/2017-19/271360
- In Solr
- https://search.parliament.uk/claw/solr/?id=http://data.parliament.uk/writtenparliamentaryquestion/commons/2017-19/271360