What is the economic situation in Venezuela?
Venezuela is in a serious economic situation. The over-inflection and fall in production, particularly of oil, are examples of this.

What exactly is the origin of this crisis?
In particular, there are two factors. Firstly, to exhaust the capitalist economy model. That is, the end of the economic policy begun in the 1950s. It must be borne in mind that Venezuela is an oil-producing country and therefore a rentier, dependent and underdeveloped country dominated by the large multinationals. Secondly, the economic war that the United States is waging on our country, namely the economic sanctions imposed on us, the speculative manipulation of our currency or the smuggling generated around the exploitation of oil.

What does this American economic war mean? It prevents us,
for example, from obtaining sources of finance, as well as restructuring the Foreign Debt. The United States has applied strong restrictions to the domestic oil industry, which have harmed global purchasing operations. For example, we cannot carry out sales operations through international banks. The sanctions imposed on the gold industry continue to cause serious damage to the economy and the population.

We can therefore say that the United States sanctions have a major impact on the ongoing crisis Venezuela.El economic blockade of the United States is undoubtedly the main cause
of the crisis in our country, as it punishes the major industries of the country and that is very serious for a country that lives on the export of oil. If there were no sanctions, the situation would be completely different; we could combat hyperinflation and we would have the capacity to develop national industry. We would also be able to increase oil production. These sanctions are planned in advance in order to have a negative impact on the economy. However, despite the fact that the attacks will not stop, the US sanctions will not have the capacity to bring down the revolutionary government. The revolution will not surrender.

But how much responsibility does the Government have in this situation?
We recognise that we have made serious mistakes in economic policy, which has been the result of the economic characteristics of the last 40 years. This demonstrates the level of bureaucratization and corruption that currently exists in government.

In this regard, the President of the Government, Nicolás Maduro, has announced a series of measures, including a comprehensive plan for the change of ministers.
Our aim is to equip the president with a number of elements to put an end to corruption and to correct our shortcomings. Innovation in government leadership is needed, which should provide new lines of action to stimulate citizen participation in the design and debate of new policies. In short, the objective of these policies is to fight corruption and to incorporate the country into government management, to move towards socialism by overcoming the burden of capitalism.

Turning to the economic situation, how does the people experience the situation?The Government
is making a great effort to ensure that the crisis does not have serious consequences for the population. Thus, we continue to invest in social policies, offering free housing or health services. Without that, we would be in war. On the other hand, the attitude of the people must be underlined. The people themselves fully understand that if the right ruled Venezuela, the country would remain in the hands of the International Monetary Fund, which would allow the theft of our resources.

What measures do you propose to get out of the economic crisis?
We continue to work on the design of a strategy for economic and productive reactivation. The objective will be to increase production and productivity and will be targeted at public, private and foreign capital companies, provided that they are willing to participate in national development and respect the “principles of fair performance” established by law.

How is this illustrated in this new restructuring of international relations? Within the framework
of multipolarity, we began to build strong strategic alliances with countries such as Russia, China, Turkey or Iran. This is a multipolarity that will allow Venezuela to develop according to its interests. Beyond that, we only have one option: to continue under capitalism, immorality and injustice.