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Making Unique Observations in a Very Cluttered World

Saturday 8 June 2013

Food rationing to begin in oil rich Venezuela -


Food rationing to begin in oil rich Venezuela - 



It’s unbelievable that Venezuela has got to this extreme situation where the destruction of the productive apparatus, a sharp disinvestment and a hypercontrolled economy has made the most demand for products and services has to be met with imports.- VenEconomy

In a sign Venezuela’s food shortages could be worsening, restrictions on the sale of 20 basic items subject to price controls, including toilet paper and chicken, are set to begin next week in its most populous state, officials said Tuesday.

A spokesman for President Nicolas Maduro’s government said it is incorrect to call the plan rationing because it is meant to fight smuggling of price-controlled food across the border into Colombia. He said there are no plans to extend the program nationally.

Details of how the system in Zulia state will work are still being worked out, said Blagdimir Labrador, the state governor’s chief of staff.

But Zulia will issue computer chip cards beginning next week that will limit consumer purchases of products including rice, flour, cooking oil, sugar and powdered milk, he said. The quantities each family will be allowed to buy, on a daily or weekly basis, have not yet been determined, he said.

The system will register purchases remotely on computer servers ‘‘so the same person can’t go to a different store on the same day and purchase the same product,’’ Labrador said.

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