No sooner were the electoral results over that the Government introduced a bunch of new controls and regulations on the economy with decrees on Thursday:
–The Government regulated the prices of 47 items used in construction, including sand, doors, steel rod and others. Most of the “new” prices are below those in the marketplace before the decree was issued.
–The Government introduce a customs surcharge of 15% on luxury such as scotch, hard licquor, yachts, boats, candles and toilet paper.
–The Government introduce a new requirement for the import of goods and receiving foreign currency from the foreign exchange office for some 5,500 products. This is the “Certificate of non-production” A certification that the item being imported is not produced in Venezuela. It pubished a list of 5,500 items which will require it and 3,500 that will not. Sounds like a new source of business for the boli burgeois, since those products needing this before were in a short list.
–It also introduced a decree, which I haven’t read yet, but it seems like it reserves the import of certain things to cooperatives, small business and social companies
The Devil's Excrement 
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