INSUBCONTINENT EXCLUSIVE:
The Central Bank of Venezuela provided this figure, marking a significant economic rebound
that contracts worth over $52 billion in investments were signed across various economic sectors last year
Several key industries saw notable growth in 2024
Mining led the pack with a 21% increase, followed by the oil sector at 14%.Agriculture and vehicle trade and repair both grew by 6.2%, while
manufacturing saw a 4.6% rise
These figures indicate a broad-based economic recovery across multiple sectors
(Photo Internet reproduction)This marks a significant improvement from the recent hyperinflation crisis that severely impacted the nation
Tax Revenue in 2024Tax revenue in Venezuela doubled in 2024, reaching $12 billion
This represents a 110% increase compared to 2023
The substantial rise in tax collection indicates improved economic activity and potentially more effective tax administration.These economic
