Venezuela participates in 7th Ibero-American Meeting of Ministers of Finance and Economy - MPPRE

Venezuela participates in 7th Ibero-American Meeting of Ministers of Finance and Economy

The Executive Vice-president of the Bolivarian Republic of Venezuela, Delcy Rodríguez, participates on Wednesday via video conference at the 7th Meeting of Ministers of Finance and Economy of the Ibero-American Conference in Santo Domingo, Dominican Republic, to discuss the necessary steps towards recovery after the crisis caused by the COVID-19 pandemic.

Rodríguez, who is also Venezuela’s minister of People’s Power for Economy and Foreign Trade, will give and overview on the country’s progress in the economic recovery after the pandemic broke out, and the consequences of the financial, economic blockade induced by the United States.

This meeting is organized by the Dominican Republic in its role as Pro Tempore Secretariat of the Ibero-American Conference as this nation will host the 28th Ibero-American Summit of Heads of State and Government in 2022.

The virtual meeting is attended by the ministers and representatives from Ibero-American countries that will debate on the financial needs of the region in the face of the COVID-19 pandemic effects and the balance between revenue and expenditures, as well as the sustainability of public debt.

In this regard, Rebeca Grynspan, the Ibero-American secretary general, pointed out that «the costs of the pandemic are unequally distributed, but the resources to fight it are further unequally distributed. »

The 7th Meeting of Ministers of Finance and Economy will take place following an invitation extended by President Luis Abinader to the ministers of Finance and Economy during the 27th Ibero-American Summit of Heads of State and Government held on April 20 and 21 this year in Soldeu, Principality of Andorra.