In its most recent survey of economic data, the Venezuelan Observatory of Finance He concluded that following four months, the current year might end with lower inflation than estimated at the beginning of the year.
After its usual consultation with economic experts, the group explained that Greater than estimated economic growth is expected at the start of 2024this despite the reimplementation of sanctions by the United States.
Regarding the inflation projection, April closed with an estimate of 5% lower, pointing to a year-end of no more than 50%.
As for the value of the dollar, economists suggested an average that might exceed the 50 bolivar range.
For economists, there are recent actions that can be seen positively, such as the one announced last week, when the Office of Foreign Assets Control (OFAC)OFAC) of the US issued the «general license 8N“, which allows PDVSA to carry out operations with US companies in Venezuela until November 15, 2024.
According to the document issued by OFAC, the companies that are authorized until November 15, 2024 are: Halliburton, Schlumberger Limited, Baker Hughes Holdings LLC y Weatherford International, Sociedad Anónima.
#Experts #expect #inflation
2024-07-21 07:05:59
