For Sanchez

This is what the State seeks restructure its debt since a series of bonds are beating for the 2010 or 2011 and then they want to pay that, converting the debt, but basically what they want is to keep a change fund dual understood maintain the 2150 under the tutelage of CADIVI. Dr. Sanchez advises that: I think that my projection of 33% in this time I have to upload it and although it is not very nice it is the reality of the country. Fight inflation implies very unpopular changes our consultation comments thereon that: this fully demonstrated that inflation does not combat with cloths hot but with structural situations and the Government is doing possibly otherwise, since inflation lower generating that goods and services has somehow can be made, this is accomplished by making the entrepreneur to have confidence and giving certain aidthrough some policies as soft loans to achieve generate peace of mind. Do this what will occur would be much greater quantity of goods and services since the inverter by applying the capacity that has produce a competition that usually forces down prices and that controlling inflation, but here it is doing quite the opposite since what we do is create distrust in the entrepreneur and because of this the industrial far invest which makes is to retreat. For Sanchez, the Government what you are doing is importing, introducing a completely distorting element, still worst remedy disease, since a dollar artificially controlled because we know that this parity of 2.15 is absurd, the reality of the Government remains reflected with the same supply of bonds because he is placing it to 3, 10Bs. F implying this import under an artificial dollar, what causes is cheaper products and this hurts even more the Venezuelan businessman, because it puts it to compete at a disadvantage already is competing with a dollar to 2.15 and their production is around a few 3.10 costs, taking a 40% above their costs and it is impossible to be competitive as well.