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Venezuelans remain confident in government

Reporter: Xu Zhen 丨 CCTV.com

05-26-2016 17:04 BJT

Venezuela is in its deepest recession in decades due to low oil prices. To deal with food shortages and other problems, the Maduro government has enacted a series of measures accepted by most Venezuelans.

Venezuela has the world's largest oil reserves. The plunge in international oil prices hit the South American country's petroleum-based economy hard. Experts say Venezuela realized its problem many years ago and has taken steps to reshape its economy.

"We began to develop our own industry when President Chavez took office. Obviously, it is difficult to develop a powerful self-dependent industrial system in such a short period," said German Saltron Negretti ministry of popular power for foreign affairs.

The Venezuelan government extended the country's economic emergency 60 days on May 15th to deal with the recession. The government has also employed a number of unconventional measures to ensure the supply and transportation of necessities. Most Venezuelans say they understand the country's economic difficulties and  haven't lost confidence in the government.

"I think our government is doing its best and everything within its power. Our president Maduro dedicated himself to the benefits of the Venezuelan population since he took power, though there are some people who want to stand in his way," said Carol Caracas resident.

Experts believe Venezuela has the strength and resources to find a way out of the recession despite the domestic and international uncertainties.

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