“It’s impossible to sustain yourself with these starvation wages,” he stressed.
After more than 20 years of the socialist dictatorship initiated by former President Hugo Chavez and continued by his successor, political ally Nicolás Maduro, Venezuela is suffering from a social and economic crisis that many compare to Cuba’s.
A recent report from the Venezuelan Economic Finance Observatory reported that the annualized inflation rate in the country was 440%.
The archbishop of Ciudad Bolívar told ACI Prensa that in the country, “the economy has not improved at all; rather, it’s getting worse.”
“They kept the currency stable, more or less, injecting dollars into the Central Bank. But this fell apart beginning in the month of December,” he continued.
The prelate lamented that currently “there are 8 million Venezuelans outside the country.”