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Latin Times
Latin Times
World
Sana Khan

President Maduro Expects 8% Economic Growth In 2024 After 5% Increase Last Year

Nicolas Maduro (Credit: AFP)

Venezuela's economy grew by over 5% in 2023, and President Nicolas Maduro believes it will have an 8% growth this year.

In his annual address to the government-allied legislature on Monday, the president said the country's economy suffered a prolonged meltdown as Venezuela dealt with triple-digit inflation and witnessed many people migrate to other countries to seek better opportunities.

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