VENEZUELA: ‘ MADURO PLANS SALARY CUTS IN LIGHT OF LOWER OIL PRICES ‘

#AceWorldNews – VENEZUELA – Nov.29 – Venezuela’s President Nicolas Maduro has said that he and other officials should have their salaries reduced in response to lower oil prices, Reuters reported.

“This is a test for me,” Maduro said in a TV speech, adding that Venezuela would carry on lobbying the oil price target of $100.

The South American country gets 96 percent of its export revenues from oil, the price of which fell to $70 a barrel on Friday.

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