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In one of country's poorest states, Venezuelans hope for post-Maduro boom

In one of country's poorest states, Venezuelans hope for post-Maduro boom

Summary

In Sucre, one of Venezuela's poorest regions, people are struggling with basic shortages like cooking gas and water. Many hope that after President Nicolás Maduro's removal, foreign oil investments will improve their economic situation. Despite potential new projects like Shell's gas field development, local people remain uncertain if benefits will reach them.

Key Facts

  • Sucre is a poor state in Venezuela, struggling with shortages of essentials like propane gas and running water.
  • Local people face long waits for fuel, despite Venezuela's large oil reserves.
  • The region has seen economic decline due to inflation and currency issues, affecting people's buying power.
  • Fishing is a primary job in towns like Guaca, but profits are low due to high fuel costs and inflation.
  • Foreign investments are expected post-Maduro, with companies like Shell planning developments.
  • People are cautious about whether these investments will improve their local economy.
  • The state government blames damaged infrastructure for ongoing problems, but locals say neglect is a factor.

Source Information