abc200 previously said:

Poverty reduction is happening!
http://www.venezuelasolidarity.org.uk/ven/web/2006/articles/poverty_reduction.html
S.

texasshoe previously said:




I have actually been to that garden it is in a vacant construction site behind what was once the Caracas Hilton and now the Hotel Alba, what you fail to mention and what the article fails to mention is that without that garden the local folks would not be able to have the items that they are growing.

Post from one week ago, from me.

According to official statistics, the national monthly consumption of margarine is about 130,000 tons while the consumption of edible oil is 235,000 tons. In fact, Venezuela imports currently 90 percent of the raw material the domestic processing industry needs to meet local demand, while the increase of soybean and sunflower production has not curbed the dependence on imports.

According to the Annual Report and Accounts of the Ministry of Food, in 2007 the authorities issued licenses to import 279,000 tons of oil seeds, 275,000 tons of soybean meal and 107,000 tons of yellow fat. The Corporation of Food Supply and Agricultural Services (CASA) imported for the Food Market Program (Mercal) 23,150 tons of margarine and 39,000 tons of processed soybean oil.

However, despite Chávez's wishes, the Ministry of Food reported that in 2007 it issued only one export license, for the equivalent of 20 kilos of sunflower oil.

Meager production figures
Since 1998, the production of items such as sesame oil, sunflower oil, palm oil, soybean oil or peanuts does not meet the needs of the Venezuelan market. According to data released by the Ministry of Agriculture and Land, provided by the Federation of Agricultural Associations (Fedeagro), in 1998-2007, the production of sesame oil fell from 27,300 tons to 17,000 tons (down 37.6 percent); whereas the production of palm oil dropped from 338,700 tons to 327,700 (down 3.2 percent).

In the same period, soybean production increased significantly from 5,680 tons to 60,180 tons (959 percent) while the production of sunflower grew from 5,600 tons to 15,500 tons (176 percent), but their growth came only in 2006-2007.

The first paragraph states that while production has incresed, the still import 90% of all goods needed to process for consumption, some progress an increse of 176% yet they still import 90%


BTW, How on earth can you quote Bureau of Labor statistics from the US in relation to the Producer Price Index (PPI) in Venezuela. Stop ABC, My side hurts HAHAHAHAHAHAHA