Venezuela is experiencing high inflation, food shortages, and an economic crisis. 80% of the population lives below the poverty line due to policies under President Nicolas Maduro that have led to political instability and restrictions on private property and business. Venezuela relies heavily on oil exports, which make up 30% of its GDP, but with a shrinking economy and overdependence on oil, inflation has skyrocketed as the currency loses value. To control inflation and fix the crisis, Venezuela would need a new government, stable currency, encouragement of private business, and improved foreign relations.

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.