Maduro decrees Venezuela budget


CARACAS: Venezuelan President Nicolas Maduro issued the government’s 2017 budget by decree Friday (Saturday in Manila), bypassing the opposition-held legislature in a move that could deepen the country’s economic crisis. “Here is the 2017 budget and debt law. May it be fulfilled. I ask for the support of the people, the military and the street,” Maduro said at a signing ceremony in Caracas attended by hundreds of supporters. The move came a day after Venezuela’s Supreme Court—which the opposition says is stacked with Maduro supporters—ruled that the leftist leader did not have to submit his budget to the National Assembly, despite a constitutional requirement to do so.



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