40% Of the stores in the Country closed They requested much More dialogue Between the Government and the Sector

The country's shops have closed their doors after the announcement of the salary increase of 1,800 sovereign bolivars. "Not only 40% of the establishments have reduced the store, but 25% have the shopping stopped because they have no cash flow to pay for what they are buying," said the president of Consecomercio, María Carolina Uzcátegui.

In a telephone interview he noted that on the road from Trujillo to Caracas, "there were many shops with closed signs" and others where they read that "they were finishing off all their merchandise" to close permanently, so he asked for a detailed report of that situation to its affiliates.

With these economic measures announced recently, I believe that we have not yet seen the end and the impact will continue to be seen in the weeks to come because more and more small and medium-sized businesses are unable to continue operations, precisely because the situation that is being lived.

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Uzcátegui does not rule out that more businesses can continue to close their doors in the coming days. "I invite anyone who wants to walk the streets of any of our cities to observe how there are many shops with signs where they finish everything they have because they are already in the process of liquidation."

To specify the number of businesses that are in that process, he reiterated that they should raise the consultation to the 120 Chambers affiliated with Consecomercio at a national level.

Regarding the communication that the sector sent to the Minister of Internal Trade, William Contreras, requesting a hearing, Uzcatégui replied that they have not yet received a response. "Obviously, the Minister is not interested in talking to us." Among the proposals that lead to this meeting are in the first place: Rescue the rights of Venezuelan merchants, who have been persecuted, harassed, imprisoned indiscriminately throughout the country. "I think there is a lack of knowledge of the reality that the merchants are living, which is what has led both the Minister and the Sundde and the entire government apparatus to establish economic measures.

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We firmly believe that much more dialogue is required, much more communication to understand all this range of realities that are leading to the disaster we are seeing and that we will continue to see in the coming weeks, "said the head of Consecomercio who added that" this debacle also It affects informal commerce. " He clarified that before thinking about the holiday season where orders were being closed at this point to supply the national market, the sector is thinking about how to survive, that is, how we got there, he added.

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Link of the Publication in Spanish: El Universal

My Analysis and Personal Summary of the Publication

A country without national production and with more than 40% of its businesses closed, have exposed the serious crisis in the country, a crisis that has increased since the president announced the salary increase of 50 Bs.S ($ 1.50) ) to 1,800.Bs.S (20 $) an increase of 3,500% what meant for the great majority of Venezuelans a madness.

This means that as the salary increases, the prices of the products will increase.

These businesses are forced to close since they can not afford the payment of their employees as this would mean losing more than 64% of their profits, without forgetting that they have to pay taxes to the government which means 16%, they practically remain in red numbers with losses greater than 72%.

Thousands of people are losing their jobs due to this situation, and consequently thousands of families have lost that small inflow of money, which generates a 66% unemployment in the country.

"We are in a really critical situation, but not only for the lack of products, but also, the most serious thing we have today is the issue of the purchasing power of the Venezuelan," he continued, adding that the forecast for next year is "Good black."

The representative of the Venezuelan merchants also said that they have not acquired foreign currency for two months through the auction system of the Central Bank in the context of exchange control, so they have had to resort to the parallel illegal market.

"Nowadays, all imports" are being made "on a parallel dollar, which leads to (...) that price dynamics in the black market also apply to the price dynamics that establishments have in their products and services".

Venezuela is on the red line and every day is more sinking in an economic crisis that presents every day a loss of 54% of small investors who no longer see business future in Venezuela.

As a Venezuelan I find myself in the great need of having to work in 3 different jobs in order to help my family, we are in a crisis that is already ending with the small future we have left.

Thank you very much for reading my POST I hope you liked it and come back at the next opportunity.

Important Note: This Publication is a translation of the Spanish into the English language of the website El Universal, The objective of making these translations is to bring the entire Steemit Community the best content found in the Spanish language.

Page Used as Reference, Support and Source: El Universal

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