Data released by Juan Villamizar, head of the International Statistical Consulting Service, suggests that Venezuela is recovering economically, consistent with recent reports from national authorities and international organizations.
The survey, conducted Aug. 8-12 of 1,225 people in 22 states across the country, found that 30.1 percent of respondents see some progress in the economic recovery and another 27.2 percent say this is somewhat true, Villamizar said to the newspaper Últimas Notes.
Only 16.2 percent of respondents think it’s a little wrong and 24.2 think it’s completely wrong.
When asked what they attribute to economic growth, President Nicolás Maduro’s economic management or other factors, 51.8 percent of respondents named the head of state and 43.0 percent other factors.
The survey attributes economic growth to entrepreneurs (40.4 percent), businessmen, remittances, foreign investment, traders and exports, in that order.
According to the source, respondents acknowledge public sector support for entrepreneurs to encourage productive activities.
Maduro last Monday celebrated progress on economic issues, despite the coercive measures that the United States and its allies have imposed on his country in recent years.
Official data showed that economic activity at the end of the first half of the current year grew at double-digit rates compared to the same period in 2021, and according to the authorities and other competent sources, it will continue to grow.
Calixto Ortega, President of the Central Bank of Venezuela, explained at a meeting of the National Economic Council that in addition to progress on the main goals of stabilization, inflation rate and violent entry, fiscal, monetary and foreign exchange policies would be strengthened in the growth phase.
He explained that the South American nation grew its gross domestic product at double-digit rates for four consecutive quarters, and illustrated this with results for the first quarter of 2022, which increased by 17.04 percent compared to the same date last year.
The latest report from the Economic Commission for Latin America and the Caribbean estimates that Venezuela is forecasting growth of between 5.0 and 10 percent this year, a percentage believed to be the highest in the region, whose outlook is just 2.7 percent.
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