Capriles: Venezuela needs no devaluation, but stopping handouts
Opposition leader Henrique Capriles said that the devaluation of the Venezuelan currency has unmasked government authorities. He stated that the government economic steps, which he described as the "red package," are to boost inflation
In his twitter account, Capriles said rather than devaluation, the Venezuelan Government should "put an end to handouts to other countries." The opposition leader remarked that during his presidential campaign he explained that there was no need to devaluate the currency.
Capriles also stressed that expropriations "finished off" domestic production. He added that today some 80% of the products consumed in Venezuelan are imported.
In another twit, Capriles said that the country needs a government capable to foster trust and investments, and to boost domestic production."
Capriles underscored that the government allocated substantial economic resources to President Hugo Chávez's presidential campaign and claimed that the government only cared about winning 2012 presidential election, at any cost.
Capriles added that the lie has been unmasked. "Devaluation and higher inflation is all we know about the red package so far."
Translated by Jhean Cabrera
At least 30 years had passed since his last visit to Caracas. He had little time to become an expert on moving about in such a complicated metropolis. Whether it was hopping on the subway, finding directions, playing waiting games at public agencies, eating whatever he could and sleeping wherever he could, Guerrero senior had been wandering the streets for 60 days, and thanks to "the boys" he found some sort of relief by way of helping hands.