Venezuela reports 5.5% growth in the last quarter of 2012
According to the central bank, the performance in the fourth quarter was the result of a 3.7% and 5.6% growth of the value added of the public and private sectors, respectively
The Central Bank of Venezuela (BCV) reported on Tuesday a 5.5% growth of the gross domestic product (GDP) in the fourth quarter of 2012, compared to the same quarter in 2011.
Including the economic growth recorded in the first nine months of 2012, Venezuela's annual growth in 2012 hit 5.6%, the central bank said in a communiqué.
The leap recorded in the fourth quarter was the result of a 3.7% and 5.6% growth of the value added of the public and private sectors, respectively.
They are marching in step to the same tune. There is a coordinated effort to position the idea. The Twitter hashtag #YoSoyVictimaDeLaGuarimba (I'm a victim of "guarimbas", or protest barricades) can be read on all pro-government Twitter accounts, including those of the ruling United Socialist Party of Venezuela (PSUV), the National Assembly's Press Office, the state-run food distribution network PDVAL, state airline Conviasa, the Venezuelan embassies in foreign countries, radio stations and the huge media network responsive to the Government's interests and messages.