Venezuelan president cuts congress out of key central bank matters
President ‘shields’ central bank from interference from opposition
President of Venezuela Nicolas Maduro has made important changes to the country's banking law in a last-ditch attempt to allow the government to bypass the newly elected national assembly in some key matters concerning the central bank.
The new legislation, passed on December 30, 2015 and effective from January 4, features three changes with notable implications for the independence and accountability of the Central Bank of Venezuela: the national assembly can no longer oppose the election or
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