Nicolas Maduro, President of the Republic, reported on Friday announcing new agreed prices for food, medicines and personal hygiene products.
"A round of negotiations was conducted, a direct dialogue with all food, agricultural, food, personal hygiene and pharmaceutical entrepreneurs was done patiently, and we agreed with new prices with all those sectors that tomorrow will be announced and executed directly by the Vice President of the Economy" , he said.
He asked the Venezuelans to defend this price, and the businessmen were honored. He also said that they have set up pricing mechanisms.
Statements were issued from the Miraflores Palace during a meeting with the 100-day government team for the Economic Recovery, Growth and Prosperity Program.