Plan País Venezuela (

English English usually refers to: * English language * English people English may also refer to: Peoples, culture, and language * ''English'', an adjective for something of, from, or related to England ** English national ide ...

: ''Plan for the Country'') is a plan organized by

Juan Guaidó Juan Gerardo Guaidó Márquez (born 28 July 1983) is a Venezuelan politician, a former member of the Social democracy, social-democratic Popular Will party, and federal deputy to the National Assembly (Venezuela), National Assembly representing ...

and the National Assembly of Venezuela created to revitalize

Venezuela Venezuela (; ), officially the Bolivarian Republic of Venezuela ( es, link=no, República Bolivariana de Venezuela), is a country on the northern coast of South America, consisting of a continental landmass and many islands and islets in th ...

's economy, petroleum industry, and social sectors.

Origins

Plan País Venezuela had been under elaboration for some time and was initially developed through a series of public and private meetings in the United States and Venezuela. Experts from all sectors were consulted, among them economist

Ricardo Hausmann Ricardo Hausmann (born 1956) is the former Director of the Center for International Development currently leading the Center for International Development’s Growth Lab and is a Professor of the Practice of Economic Development at the John F. ...

and politicians and diplomats including

Leopoldo López Leopoldo Eduardo López Mendoza (born 29 April 1971) is a Venezuelan opposition leader. He co-founded the political party Primero Justicia in 2000 with Henrique Capriles and Julio Borges and was elected mayor of the Chacao Municipality of Carac ...

Julio Borges Julio Andrés Borges Junyent (born 22 October 1969, in Caracas) is a Venezuelan politician and lawyer. In the late 1990s he had a TV court show called "Justicia Para Todos" on Radio Caracas Televisión. He co-founded the party Primero Justicia i ...

and

Carlos Vecchio Carlos Alfredo Vecchio DeMari (born 6 June 1969) is a Venezuelan lawyer, politician and social activist, designated as Ambassador to the US by Juan Guaidó in January 2019 during the 2019 Venezuelan presidential crisis. His Credential Letter was ...

along with Guaidó. Guaidó has thanked his mentor Leopoldo López, stating that López's book, ''Venezuela Energética'', had inspired the ''Plan País Venezuela'' project.

Presentation

During the

Venezuelan presidential crisis The Venezuelan presidential crisis is an ongoing political crisis concerning the leadership and the legitimate president of Venezuela; the office of the president has been contested since 10 January 2019, with the nation and the world divided ...

, Guaidó announced on 31 January that the National Assembly of Venezuela had approved a commission to further develop and implement the plan for the reconstruction of Venezuela, to be headed by Deputy Juan Andrés Mejía. The plan envisions providing government subsidies to the most vulnerable populations in Venezuela, restoring experienced personnel—removed by former President

Hugo Chávez Hugo Rafael Chávez Frías (; 28 July 1954 – 5 March 2013) was a Venezuelan politician who was president of Venezuela from 1999 until his death in 2013, except for a brief period in 2002. Chávez was also leader of the Fifth Republ ...

—to

PDVSA Petróleos de Venezuela, S.A. (PDVSA, ) (English: Petroleum of Venezuela) is the Venezuelan state-owned oil and natural gas company. It has activities in exploration, production, refining and exporting oil as well as exploration and production ...

(Venezuela's state-run petroleum company) and improving foreign investment. According to Guaidó, the aims of the plan are to "stabilize the economy, attend to the humanitarian emergency immediately, rescue public services, and overcome poverty." A response to Maduro's ''Plan de la Patria'', it has provisions to revitalize PDVSA, restore the health sector and offer assistance to the most poverty-stricken. Economic advisor José Guerra stated that to curtail hyperinflation in Venezuela the transitional government must remove fixed currency exchange rates, stop

monetary inflation Monetary inflation is a sustained increase in the money supply of a country (or currency area). Depending on many factors, especially public expectations, the fundamental state and development of the economy, and the transmission mechanism, it ...

by limiting Venezuela's

money supply In macroeconomics, the money supply (or money stock) refers to the total volume of currency held by the public at a particular point in time. There are several ways to define "money", but standard measures usually include Circulation (curren ...

and refinance foreign debt. Advisor Jose Toro estimated that Venezuela needed an investment of $30 billion for economic recovery. National Assembly legislator Ángel Alvarado stated: "We are not going to reduce

spending Consumption is the act of using resources to satisfy current needs and wants. It is seen in contrast to investing, which is spending for acquisition of ''future'' income. Consumption is a major concept in economics and is also studied in many o ...

, we are not going to live in

austerity Austerity is a set of political-economic policies that aim to reduce government budget deficits through spending cuts, tax increases, or a combination of both. There are three primary types of austerity measures: higher taxes to fund spend ...

, we are going to an

expansion Expansion may refer to: Arts, entertainment and media * ''L'Expansion'', a French monthly business magazine * ''Expansion'' (album), by American jazz pianist Dave Burrell, released in 2004 * ''Expansions'' (McCoy Tyner album), 1970 * ''Expansio ...

program to reactivate the

Venezuelan economy The economy of Venezuela is based primarily on petroleum, making the country the 25th largest producer of oil in the world and the 8th largest member of OPEC. Venezuela also manufactures and exports heavy industry products such as steel, alumin ...

." Implementation of the plan requires the exit of

Nicolás Maduro Nicolás Maduro Moros (; born 23 November 1962) is a Venezuelan politician and president of Venezuela since 2013, with his presidency under dispute since 2019. Beginning his working life as a bus driver, Maduro rose to become a trade unio ...

from the

presidency A presidency is an administration or the executive, the collective administrative and governmental entity that exists around an office of president of a state or nation. Although often the executive branch of government, and often personified by a ...

External links

Official website

References

2019 in politics 2019 in Venezuela Crisis in Venezuela February 2019 events in Venezuela Venezuelan presidential crisis {{Crisis in Venezuela, state=collapsed