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Venezuelan Government Prolongs Economic Emergency for 7th Time

© AP PhotoA demonstrator holds up a miniature copy of Venezuela's constitution in front of the nation's flag at a government rally in Caracas, Venezuela, Tuesday, April 13, 2004.
A demonstrator holds up a miniature copy of Venezuela's constitution in front of the nation's flag at a government rally in Caracas, Venezuela, Tuesday, April 13, 2004. - Sputnik International
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The presidential order published by the Gaceta Oficial government newspaper said that the Venezuelan government prolonged the economic emergency for 60 days since May 13.

Demonstrators run away from tear gas during clashes with police while rallying against Venezuela's President Nicolas Maduro in Caracas, Venezuela, April 20, 2017. - Sputnik International
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MOSCOW (Sputnik) — The Venezuelan government prolonged the economic emergency for 60 days since May 13, the presidential order published by the Gaceta Oficial government newspaper said on Wednesday.

This is the seventh prolongation of the economic emergency originally introduced on January 15, 2016.

The current prolongation was approved against the background of the mass protests in Venezuela that started in early April, sparked by the decision of the country’s Supreme Court to curb the powers of the opposition-controlled National Assembly. The decision was reversed almost immediately, however, the opposition took to the streets, demanding the resignation of the judges and a snap election.

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