The Washington Times

Food staples grow scarce in Venezuela

Government’s blame on business owners falls on deaf ears of analysts, household shoppers

continued from page 1

Jorge Roig, who represents Venezuela’s largest business chamber, called on the government Monday to free up more dollars, which could be used to buy more imported goods.

Mr. Roig said business leaders in October had warned the state agency responsible for trading U.S. dollars to businesses at the official exchange rate that shortages of food and other products would occur during the first quarter this year if the government didn’t release more hard currency.

“The market is undersupplied, and it’s showing on the shelves,” he said.

‘Controls don’t work’

A monthly scarcity index compiled by Venezuela’s Central Bank, relying on spot checks in markets across the nation, reached its highest level in four years last month. The index remains below a high hit in 2007, when the problem of widespread food shortages was considered a key factor in Mr. Chavez’s defeat in a referendum on constitutional changes.

Pollster Luis Vicente Leon said the shortages could reach the levels of 2007.

Asdrubal Oliveros of Econoanalitica, a Caracas-based economic think tank, blames government economic policy.

“The controls don’t work,” Mr. Oliveros said. “In every part of the world, they have demonstrated their failure.”

Private companies that import food and other products receive dollars from the government every month or two months, but delays have occurred recently. Mr. Roig said the government often is delivering only a small percentage of what companies request.

During visits to several shops and supermarkets in downtown Caracas, an Associated Press reporter noticed a lack of chicken, milk, cooking oil, beef, sugar and coffee. Also scarce was cornmeal, the main ingredient for the country’s cherished “arepas,” corn cakes that are stuffed with meat, chicken, cheese or other fillings.

More consumers are being forced to hop from market to market to check off their grocery lists.

Beatriz Romero, a 44-year-old housewife, looked exasperated as she emerged from a small grocery store in bustling downtown Caracas holding plastic bags full of canned goods and vegetables.

“I didn’t find everything that I needed,” said Mrs. Romero, who wanted to buy rice, cornmeal and sugar. “I’ll have to go look for the other products somewhere else.”

Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Comments
blog comments powered by Disqus
You Might Also Like
  • White House Press Secretary Jay Carney smiles after being wished a happy birthday by a reporter during his daily news briefing at the White House in Washington, Wednesday, May 22, 2013. At the briefing Carney announced that President Obama will travel to Oklahoma to visit tornado affected communities. (Associated Press)

    Carney tries on new charm offensive

  • A man stands in a London street after allegedly screaming 'Allahu Akbar' and killing a man in broad daylight. (Image: ITV news screenshot)

    London attackers shout ‘Allahu Akbar,’ machete man to death

  • Senate Judiciary Committee Chairman Patrick Leahy, D-Vt., right, confers with Sen. Chuck Grassley, R-Iowa, left, the ranking member, as the Senate Judiciary Committee assembles to work on a landmark immigration bill to secure the border and offer citizenship to millions, on Capitol Hill in Washington, Monday, May 20, 2013. Sen. Chuck Schumer, D-N.Y., stands at center. (AP Photo/J. Scott Applewhite)

    House Republicans find holes in immigration bill

      • Independent voices from the TWT Communities

        World View

        Columns from Voices around the World talking about the events, people, politics and social issues that concern us wherever, and whoever, we are.

        Video Gaming with MCairsoft14

        Video reviews of today's hottest trends in Minecraft (servers and mods) along with a look at the latest video games with your host MCairsoft14 (alias Jerad Zad).

        Haydon's Soccer and Sports Pitch

        Covering the world of soccer, including the World Cup, Major League Soccer, D.C. United and the English Premier League and other interesting sporting events.