Inflation, currency woes worsen Venezuela's complex crisis as Maduro declares 'economic emergency'
Venezuela faces a renewed economic crisis in 2025, marked by dwindling oil revenue due to sanctions and electoral fraud consequences. President Maduro declared an "economic emergency" as purchasing power diminishes, threatening recession. While some post-pandemic stability emerged with dollar transactions and eased price controls, growth remained concentrated in Caracas.
Venezuela faces a renewed economic crisis in 2025, marked by dwindling oil revenue due to sanctions and electoral fraud consequences. President Maduro declared an "economic emergency" as purchasing power diminishes, threatening recession. While some post-pandemic stability emerged with dollar transactions and eased price controls, growth remained concentrated in Caracas.
