Julio M. Herrera Velutini is an international banker whose family has served as leaders in the Venezuelan banking industry for more than 120 years. As a participant in the banking industry and charitable activities in Venezuela, Julio M. Herrera Velutini understands the obstacles faced by the country’s economy.
New Venezuelan president Nicholas Maduro recently promoted former Public Banks Minister Rodolfo Marco to the role of Finance Minister, and he introduced a new industrial plan for Venezuela. To address the emergence of the black market in the country under its previous president, Hugo Chavez, Maduro designed a new plan to attract national and international private investment while boosting the value of Venezuelan goods. In 2013, Venezuela had one of the world’s highest inflation rates due to currency exchange and the reluctance of foreign investors to invest in Venezuelan endeavors. Production of goods in the country also decreased, and many individuals found themselves unable to obtain daily necessities. The new socialized economic plan focuses on adding value to Venezuelan goods, attracting investors, and creating a more sustainable economic future for the country.
0 Comments
|
AuthorMr. Velutini has experience with both established banks and young banks. S Archives
December 2017
Categories
All
|