From basic concepts of Inflation to all reasons of inflation in Venezuela with solution

1. INFLATION
Presented By :
Muhammad Ahsan

2. Inflation
“A general increase in prices and fall in the purchasing value of
money”

3. Venezuela

4. * Food Crisis
* Shortage of Medicine
* GDP : $515.1 Billion and
growth rate is -5.7%
* 80% population living below the poverty line.
* People have to wait approx 3hours daily
to buy food

5. Reason Behind These Crisis
• Venezuela Government
• President : Nicolas Maduro
• Economic Policies
• Political Instability
• Private Property Restrictions
• Absence Of Entrepreneurship Activities
President :Nicolas Madruo

6. Foreign Relations
Largest export market for Venezuela.
In 2010 China agreed to extend loan of $ 20billion to
invested in oil sector.
Formation of South Bank with Argentina, Brazil and
Bolivia.
M aj or Tr ade Par tner s

7. What Should Happen To
Fix Economic Crisis?

8. Oil Reserves
• Highest Oil reserves worldwide
• 20% Global Oil reserves.
• 90% export of oil.
• 30% GDP from oil exports.
• Cheapest Rate of fuel.
• Petrol: 0.01 $ per liter.

9. How To Control Inflation Rate
• New Government/Leaders.
• Cryptocurrency ( Petro )
• Stabilize currency value.
• Jump start private business.
• Foreign relations.