Joseph Khan enters the directive BCV
ABN 04/04/2008
Caracas, Capital District
 
Caracas, Apr 4. ABN .- As announced by the head of State of Venezuela, Hugo Chavez Frias, the former Minister of Basic Industries and Mining (Mibam) Jose Khan enters the directive of the Central Bank of Venezuela (BCV).

The president of the Bolivarian Republic of Venezuela, Hugo Chavez Frias, ruled from the Palacio de Miraflores, during the Council of Ministers number 565 and as part of the day on the 3Rs.

The Venezuelan representative said that this translates into a stream impetuous that has come to the financial institution.

Chavez Frias called, in this context, to 'continue increasing rates passive', as it is' continue recovering the power that he had been removed from setting rates. Here, the Central Bank of Venezuela (BCV) did not want to fix the rates'.

'I wish they could continue rising rates and lowering the passive active. The Venezuelan banking sector is one of the most silver in Latin America has won in all these years, while rates rise and triggering canceled shortly ', insisted as part of its announcement on the new director.

'All this must continue evaluándolo, and the conditions and operating expenses,' he said, referring to the decisions of economic policies that have been coordinating with the BCV to encourage domestic savings.