1. Venezuela’s gross domestic product expanded by 2.6 percent during the second quarter of 2013,
informed president of the president of the Venezuelan Central Bank, Eudomar Tovar, on Thursday.
In a press conference organized to present economic statistics of the first six months of the year,
Tovar informed that it “continues expanding, an upward trend.”
This is a very important figure because it means generation of employment in that term, therefore
fostering consumption and aids to strengthen the country’s economy, said Tovar accompanied by
Finance minister Nelson Merentes and Planning minister Jorge Giordani.
“We will continue fighting, working to consolidate more and more production, economic growth
and of course its development,” he added.
In addition, Tovar said that during the last 58 quarters, Venezuela’s gross domestic product has
expanded in 41 of them and dropped only in 17 due to different aspects: oil-price drop, global
economic crisis, coup d’état in 2002 and oil sabotage in 2003.