Venezuela Alert: 90 day emergency declared for electricity sector

Posted on April 23, 2013 • Filed under: TRAVEL, Venezuela reported that President Nicolas Maduro’s government declared a 90-day “emergency” in Venezuela’s electricity sector on Tuesday to speed up infrastructure work and equipment imports needed to prevent politically-contentious power cuts.

Officials have blamed periodic blackouts on sabotage and excessive consumption, while critics say the sector is suffering from poor management and inefficiency following the late socialist leader Hugo Chavez’s nationalization of the sector. Read Article

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