Venezuelan National
Assembly analyses budget for 2015
The National Assembly of Venezuela (AN)
will analyze the budget for 2015 during an ordinary
session this Tuesday, October 21.
The debate on the document which was
drafted by Vice President for the Economy, Rodolfo
Marco Torres, includes details on the distribution
of finances for each of the ministries and
centralized institutions, according to the deputy,
Ramón Lobo, who spoke to Prensa Latina (PL).
The parliament should approve the
budget in the first reading and then forward it to
the Committee on Finance and Economic Development (CFDE),
which, in turn, will submit it to the study of
experts in each area, prior to final approval,
Torres added.
The CFDE endorsed several credits
for social investment on Monday, two of which were
destined for the Ministries of Higher Education and
of the Communes, both institutions involved in the
profound changes taking place in the country.
President Nicolás Maduro recently
informed that the 2015 budget was calculated based
on the sale of oil at an average price of $60
dollars per barrel. (AIN)
