Venezuela on fire: riots and protests against the abolition bolivarów – Polish Radio

is to confront dramatic defective cash, the chaos and the looting of shops in the country.

Riots, protests, looting,

lewicowego President Accepted the decision of the withdrawal of the most commonly used and the most numerous banknotes in denominations of 100 bolivarów (around 2 US cents) resulted in huge queues in banks of people wanting to get rid of these notes, robbery and looting of shops, as well as anti-government protests. In several cities imposed curfews and there were numerous arrests.

the government says about the conspiracy of “enemies of the people”

the Bills were withdrawn because of treatment before now available in denominations of 500, 2000 and 200000 bolivarów. Maduro, in his speech from the presidential Palace, said that this was due to the delayed arrival of three aircraft with the new banknotes. He argued that it was the result of “sabotage of enemies of the people”.

“One of the planes, hired and paid through Venezuela, has received a request for a change of course and flying to another country. Other did not granted the right of flight over one of the countries,” said Maduro.

In Venezuela did not have enough banknotes

In this situation, many Venezuelans were suddenly deprived of the ability to pay the daily bills for food, fuel, electricity etc. and also to make purchases and this in the period preceding the feast of the Nativity.

in addition, one of the world’s highest inflation figures and a relatively small value of non-cash turnover lead to the fact that in order to purchase commodities you need to carry the proverbial bags of money. For example, a hamburger will have to pay approx. 500 bolivarów.

OK. 40%. Venezuelans do not have a Bank account, which leads to the fact that you can’t use of electronic transactions.

oil-Rich Venezuela is calling you the most severe economic crisis from the years

Venezuela has faced for a long time with ever-deepening economic crisis. Decisions Maduro, like the recent closures of borders with One and Brazil, not only does not improve the situation but make it worse.

PAP, jk