Thursday, October 15, 2015

teleSUR — Billionaire, Harvard Professor Conspire with IMF to Bring 'Adjustment' to Venezuela

The president of Empresas Polar, Lorenzo Mendoza, is looking to implement a “fiscal ajustment plan for Venezuela” with loans from the IMF and World Bank.
 Venezuelan National Assembly President Diosdado Cabello, presented the recording of a telephone conversation between the Billionaire Lorenzo Mendoza, and Venezuelan economist, Ricardo Haussman, in which the two spoke of "a fiscal adjustment plan for Venezuela" driven by a loan from the International Monetary Fund (IMF) and World Bank (WB).
During his program televised on Wednesday by the state channel Venezolana de Television (VTV), Cabello accused Lorenzo Mendoza of conspiring against the country.
"What are these people are planning against the people of Venezuela?" questioned Cabello.
Mendoza is one of Venezuela’s wealthiest people and owner of Empresas Polar, the largest beer manufacturer in Venezuela.
Haussman is the Director of the Harvard University Center for International Development and was planning Minister under the Venezuelan government of Carlos Andres Perez in the early 1990s.…
teleSUR
Billionaire, Harvard Professor Conspire with IMF to Bring 'Adjustment' to Venezuela

2 comments:

Marian Ruccius said...

Pretty tame stuff. And certainly not indicative of either conspiracy or treason, just of conventional economic naiveté. How exactly did Venezuelan authorities come by this, apparently, private conversation?

Tom Hickey said...

Are there any "private conversations" anymore anywhere?