Economist Steve Hanke responded that investment promises are insufficient to resolve the country's economic struggles. Hanke argued that financial stability will not be achieved unless Venezuela adopts dollarization.
Tuesday, October 20, 2026
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Commodities3 days ago
Acting President Delcy Rodríguez called for a massive influx of private capital on Saturday to boost the nation's energy output. Venezuela expects nearly $76 billion in investments for its oil and gas sector over the next five years as the government seeks to increase production by attracting private funding.

Economist Steve Hanke responded that investment promises are insufficient to resolve the country's economic struggles. Hanke argued that financial stability will not be achieved unless Venezuela adopts dollarization.
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