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Venezuelan ex-mayor proposes VAT decentralization, subsoil ownership for citizens

Ernesto Paraqueima, former mayor of El Tigre, proposes decentralizing VAT and granting citizens ownership of the subsoil, framed as a reengineering of regional policy amid Venezuela's oil boom. The proposal is a political initiative, not yet formal policy, and its feasibility is uncertain given central government control over oil revenues.

El Nacionalabout 6 hours agoVECredibility 45%View source

Score Breakdown

Mosaic Score2.0
Confidence0.5
Significance0.1
Source credibility0.5

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El Tigre

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country
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