Venezuelan President Nicolas Maduro
issued the government’s 2017 budget by decree Friday, bypassing the
opposition-held legislature in a move that could deepen the country’s economic
crisis. “Here is the 2017 budget and debt law. May it be fulfilled. I ask for
the support of the people, the military and the street,” Maduro said at a
signing ceremony in Caracas attended by hundreds of supporters. The move came a
day after Venezuela’s Supreme Court — which the opposition says is stacked with
Maduro supporters — ruled that the leftist leader did not have to submit his
budget to the National Assembly, despite a constitutional requirement to do so. More…Monday, October 17, 2016
Bypassing congress, Maduro decrees Venezuela budget
Venezuelan President Nicolas Maduro
issued the government’s 2017 budget by decree Friday, bypassing the
opposition-held legislature in a move that could deepen the country’s economic
crisis. “Here is the 2017 budget and debt law. May it be fulfilled. I ask for
the support of the people, the military and the street,” Maduro said at a
signing ceremony in Caracas attended by hundreds of supporters. The move came a
day after Venezuela’s Supreme Court — which the opposition says is stacked with
Maduro supporters — ruled that the leftist leader did not have to submit his
budget to the National Assembly, despite a constitutional requirement to do so. More…
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