Categories: Americas News

Venezuela: Nicolas Maduro seeks special powers to fight corruption

Venezuela’s President Nicolas Maduro has asked parliament to give him special powers to fight corruption and what he called economic sabotage.

Venezuela is currently facing shortages of food and essential goods, power cuts and soaring inflation.

The measure, used on four occasions by his predecessor Hugo Chavez, would allow Nicolas Maduro to govern by decree for a set period of time.

The opposition fears he will use his powers to stifle any dissent.

A vote to implement the so-called Enabling Law is due to be held in the National Assembly next week.

President Nicolas Maduro has asked parliament to give him special powers to fight corruption and what he called economic sabotage

In a three-hour speech to the assembly, Nicolas Maduro called it a “matter of life or death” for the country’s socialist revolution.

“If corruption keeps expanding and perpetuating its destructive capitalist logic, there will be no socialism here,” he said.

Nicolas Maduro vowed to root out corruption in all aspects of Venezuelan life, stressing that even members of the governing Unified Socialist Party would not be exempt from scrutiny.

Henrique Capriles, the opposition presidential candidate who narrowly lost the election to Nicolas Maduro earlier this year, said the decree would not solve the country’s problems.

“I don’t think this law will bring any economic or social benefit to Venezuelans,” he said.

“They’re going to use the law to persecute and distract the people from their real problems.”

Although Venezuela has the world’s largest oil reserves, its people are suffering from the highest inflation in Latin America, sluggish growth and shortages.

A power cut last month left more than two-thirds of the country without electricity.

Finance Minister Nelson Merentes has conceded that while the social-oriented policies of Hugo Chavez have improved the living standards of many Venezuelans, they did not solve the “structural problems” of the economy.

Hugo Chavez died of cancer in March after 14 years in power.

His vice-president and handpicked successor, Nicolas Maduro, has pledged to continue his policies but does not command the same support enjoyed by Hugo Chavez.

hN1g-K5lrso
Diane A. Wade

Diane is a perfectionist. She enjoys searching the internet for the hottest events from around the world and writing an article about it. The details matter to her, so she makes sure the information is easy to read and understand. She likes traveling and history, especially ancient history. Being a very sociable person she has a blast having barbeque with family and friends.

Recent Posts

Donald Trump and Elon Musk Celebrate Election Victory at UFC 309

Image source: Wikimedia Commons President-elect Donald Trump celebrated his election victory at the Ultimate Fighting…

4 days ago

White House 2024: Donald Trump Wins, Kamala Harris Calls Him to Concede Election

Millions of voters across the US chose to return Donald Trump to the White House…

2 weeks ago

Who Won? Donald Trump Declares Victory as He Addresses Jubilant Supporters in Florida

Donald Trump declares victory in the US election as he addresses jubilant supporters in Florida.…

2 weeks ago

Stocks Soaring as Donald Trump Closes in on US Victory

Stocks around the world are rising as Donald Trump appears to be on the cusp…

2 weeks ago

Who Won? Kamala Harris Cancels Election Night Party as Path to Victory Narrows

Donald Trump has won Pennsylvania, North Carolina and Georgia and taken a lead over Kamala…

2 weeks ago

Quincy Jones Dead at 91

Quincy Jones, the celebrated musician and producer who worked with Michael Jackson, Frank Sinatra, Ray…

2 weeks ago