Venezuela's Interim President Delcy Rodriguez said on Thursday that oil production in the country increased 8% over the last year, reaching 1.25 million barrels per day.
Rodriguez noted that 61 hydrocarbon deals have been signed with foreign companies, with another 40 pending for the exploitation of mineral resources. The country's economy is expected to expand 6.5% in the third quarter, with domestic consumption up 21.3% so far this year, she stated during the address at the 82nd Annual Assembly of Fedecamaras.
The acting president of Venezuela also ruled out dollarization, saying it would not resolve the country's economic problems. "Monetary sovereignty is essential for economic growth," Rodriguez underlined.
https://breakingthenews.net/Article/Venezuela's-oil-production-up-8-over-past-year/67262420
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