Consumption Investment and Quarter Century

food ministers: All five of his food ministers who manage one of the government largest budgets have come from the military, according to Deutsche Welle. And they, in turn, have placed dozens of their military subordinates to lead everything from a state-run chain of supermarkets to an agency overseeing food imports. Since taking office in 2013, Maduro has named a number of active and retired generals to run the economy. So perhaps it was no surprise this week when Maduro boosted the authority of his defense minister, making him responsible for distributing food, medicine and basic goods. The collapse in the price for Venezuela oil has forced austerity measures, leading officials to tightly restrict access to the foreign currency needed to import raw materials. The armed forces have also taken control of Venezuela five main ports. (news.financializer.com). As reported in the news.

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