No Cash Constraints Here

April 2008 | Economic Analysis

Venezuela managed to post a record 3.6% of GDP fiscal surplus in 2007, thanks to booming oil and non-oil sector revenues and relatively moderate spending. We expect the government to continue posting fiscal surpluses over the coming year thanks to its oil sector, but note that the lack of transparency in the formal budget is a cause for

If you would like to subscribe to Andean Group Monitor and gain instant access to this article, please click here to subscribe.

If you would like to take a trial to Andean Group Monitor please click on the trial link below.