PDVSA - Petróleos de Venezuela SA : Minister Ramírez : "one of the most important balances of the new economic order is the administration of currencies"

Caracas.- On Tuesday, in interview with the Kickback (Contragolpe) program, broadcast by Venezolana de Television ( VTV) , the Vice President of Economic Area , Minister of   Popular Power for Oil and Mining and President of Petróleos de Venezuela , SA (PDVSA ), Rafael Ramirez , said " President Nicolas Maduro in his message to the nation spoke of creating new economic order going towards socialism and it is referred to in the Plan of the Nation" .

Minister Ramirez said the country has a task of equilibria that are necessary for a new economic order.  "One of the most important balances is the administration of currencies, which has a key instrument that is the General Plan Currency," said Vice Economic Area.

Ramirez emphasized that the Venezuelan State has to go to a new exchange system, which will have a dollar prime rate of 6.30 to 80 percent of the needs of the national economy (food, agriculture, health, industrial development, science and technology and education) and a dollar that will be marked by a Sicad rate for the remaining 20 percent (remittances, credit cards, travelers quotas, etc.).

PDVSA president stressed that " one of the factors of the economic war against our economy is the parallel market, it is the attack on our currency and this band system is a measure to protect our people to set a rationalization of how use our currency. "

"  The parallel market feeds from various sources, one of which was our Management System (Cadivi ), which as reported President Maduro was breached , infiltrated and attacked by the parasitic bourgeoisie that has always wanted to take over the oil revenue "Ramirez said .

The Creation of the National Foreign Trade Center

Moreover, VP Economic Area was reported that it was created the National Foreign Trade Center, disappearing as Cadivi System Administration of Foreign Exchange.

Ramirez added that the foreign exchange budget for 2014 is over 42 billion dollars to meet the basic needs of the Venezuelan economy.

"We have three scenarios of both income and outflow of foreign exchange, which allow the state to direct the course of the economy in terms of objectives and goals that are raised in the Plan of the Nation," he said.

The Sicad has 11 400 thousand million dollars for 2014

The owner for Petroleum and Mining highlighted that 11 400 thousand million dollars were placed for Sicad in 2014 and it will be sold through this system weekly $ 220 million.

The Minister said that from that providence in the coming days published out, take effect the new Sicad rate caps.

Ramirez emphasized that the implementation of these new regulations Venezuelan exchange system, another type of attitude is stimulated in the Venezuelan population on the use of foreign exchange.

Finally, the Minister stated, "anyone who lives and works in the country are interested in a destabilized economy, it is an issue of awareness on the use of foreign exchange.