Motta Dominguez: Economic Offensive and Capitalist War

Here is the press note the Agencia Venezolana de Noticias  publishes in its English language service on declarations by the “Inspector of economic rights protections” General Luis Motta Dominguez.

Economic offensive, a challenge before capitalist war

Caracas, 25 Abr. AVN.- This new economic offensive boosted by the Bolivarian Government nationwide represents a challenge before the war staged by capitalist ventures, said inspector of social economic rights protection Luis Motta Dominguez.

Interviewed in local television on Friday, Motta Dominguez said that this new plan aims at benefiting customers before capitalist businesspeople, who gain excessive profits with prices over the law.

Venezuela's president Nicolas Maduro informed a few days ago that commercial establishments nationwide would be inspected in order to verify the correct fulfillment of the Organic Law on Fair Prices.

This law provides that the profits of those engaged in economic activities in the country may not exceed 30% and carries administrative and custodial penalties ranging from 2 to 14 years, because its goal is to clean up disruptions of the economic, productive, distributive and marketing chain of the country.

 AVN 25/04/2014 10:19