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04 October 2011

VENEZUELA : Report Claims Chavez Massively Misspends Money.

                                          M.PRESS

     The Association of Latin American newspapers (GDA) argues that Chavez has become a ruler with expensive habits for a country that imports most of what it consumes (85%)...with record inflation (30%) and regularly forced to ration water, power and food.
     Chavez has increased his cabinet's funds by five fold to $794mn in 2011.
    “Chavez preaches Socialism but spends as a rich capitalist” claims Venezuelan Transparency (VT).
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