Conapri reaffirms its role as Venezuela’s Investment Promotion Agency

The organization provides technical information, based on its neutrality, analytical capacity, and relationship with both the public and private sectors. During its year-end session, the Board of Directors of the National Council for the Promotion of Investments (CONAPRI), acknowledged the continuous work of this organization, that maintained its goals intact for more than 28 years.…

Doing Business Report: New Record Set as 314 Reforms Introduced to Improve Business Climate

WASHINGTON, October 31, 2018 – Governments around the world set a new record in bureaucracy busting efforts for the domestic private sector, implementing 314 business reforms over the past year, says the World Bank Group’s Doing Business 2019: Training for Reform report, released today. The reforms, carried out in 128 economies, benefit small and medium…

World Economic Forum Global Competitiveness Reports 2018-2019

Changing Nature of Competitiveness Poses Challenges for Future of the Global Economy The World Economic Forum’s annual study on the global economy finds a competitiveness landscape radically altered by the impact of the Fourth Industrial Revolution Under the new framework for competitiveness, the U.S. economy is the closest to the “competitiveness frontier”, followed by Singapore,…

Economic Pulse June 2018

PRICES: National Consumer Prices Index: The Official Data for National Consumer Prices Index are not available to period 2016 – 2018 (Feb). Secondary source: The International Monetary Fund according to official information from Central Bank of Venezuela to 092017: National Consumer Prices Index 2016 (end of year): 302.367% UNEMPLOYMENT: Official Data from National Statistical Institute:…