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2024

Venezuela’s Tax Revenue Skyrockets Amid Economic Rebound

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On Wednesday, Venezuelan President Nicolás Maduro reported a 93% tax revenue increase in the first five months of this year compared to last. Amid 930 sanctions imposed by the U.S. and its allies, this surge paints a picture of an economy in recovery. In 2020, Venezuela collected $645 million in taxes during the same timeframe. […]



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