Banca y Negocios
The new economic landscape of Venezuela, which began last January and is leveraged by the energy agreement signed with the United States for the exploitation and export of Venezuelan oil and the investments foreseen in the hydrocarbon sector, will impact all economic sectors of the country, including the commercial and service sectors. By Nayrobis [...]
TL;DR
- Venezuela's new economic landscape, driven by energy agreements with the US and oil sector investments, is expected to impact all economic sectors, including commerce and services.
- Consecomercio projects over 12% growth for the commercial and service sector, with improvements becoming evident in the second half of the year.
- The growth will be a chain reaction starting with the oil sector, as increased activity there will drive demand for goods and services in other areas.
- Businesses are advised to train personnel, improve commercialization processes, and enhance communication with suppliers to become more competitive.
- The Energy Saving Plan announced by the acting president could hinder this projected growth by increasing service costs for consumers.