Welcome to the Crystallex HUB on AGORACOM

Crystallex International Corporation is a Canadian-based gold company with a successful record of developing and operating gold mines in Venezuela and elsewhere in South America

Free
Message: Venezuela with the ability to maintain economic growth

Venezuela with the ability to maintain economic growth

posted on Jul 02, 2009 11:55PM
Venezuela with the ability to maintain economic growth
In Guyana is one of the largest mines in the world for its gold, it will work through a joint venture with Russia
Palacio de Miraflores, Caracas. The President of the Republic, Hugo Chávez, said that Venezuela has a high potential, resources and determination to sustain economic growth.

Said Oil Minister Rafael Ramirez arrives tonight to the country from Iran, because "we come to create gas OPEC, Russia, Iran, Qatar, Venezuela, we are the fifth world producer of gas and oil giants are the first, along with Russia, Iran, Iraq and Saudi Arabia. "

This explained the resources available to the country to face the vagaries of the global economy, and is informed that tomorrow, the Minister of People's Power for Finance, Alí Rodríguez, definitely be signing the nationalization of the Bank of Venezuela.

"I'm pleasantly surprised," said President Chavez, according to my calculations, this date, ending the first half, the accounts they gave me that international reserves have been declining, because we had low oil prices, the costs of the country, and But yesterday I learned that the reserves are in excess of 30 billion dollars, and ended 2008 with 45 billion, just 15 billion were transferred to Fonden.

"Yesterday I called the superintendent of taxation (SENIAT) and told me he finished the first half, we thought we were going to be below the tax revenues, and that we are 1500 million bolivars above the goal of raising the first half" .

President Chavez said that all this good news coming at a time of crisis in the global financial system: "The crisis has not arrived and I think it will not come, and when it reaches the sail."

"It is Venezuela that has many resources, he added, and lots of room for maneuver, there are the Russians doing a convention, and today came some of the Chinese Development Bank of China, the bank has the largest amount of money world, has half the world's silver and is an ally of Venezuela, to work with the Chinese fund already has 4 billion bolivares four thousand more and we are on the third installment in what we pay? As oil, we do not have the largest reserves in the world. "

Guyana indicated that the country has a gold mine, the largest in the world, to be recovered: "They came about Russian and Iranian experts, along with the Venezuelans, and we will do a joint venture."
Share
New Message
Please login to post a reply