The Situation In Venezuela Has Gone From Bad To Worse

The Venezuelan government has not released official figures regarding the lack of availability of basic products in the country. A leaked government study, however, has shone light on the question. Alongside scarcity, Venezuelans are enduring the rising cost of food, with the monthly cost of an average Venezuelan family’s basic food needs increasing 19 percent in July, according to the report. The government conjectures that a Venezuelan family must bring in approximately 8.8 minimum wage salaries to afford essentials. The Venezuelan government has created a system where citizens are only able to buy once a week according to an assigned ID number. More…