Venezuelan economist Luis Oliveros asserted that the government "is not doing the necessary adjustments to solve shortages of goods; therefore, there will be no goods available (...) and it will be impossible to make them available in the shelves."
In an interview, Oliveros remarked that the economic announcement made by Venezuelan President Nicolás Maduro establishing two pricing categories: maximum retail price and fair price, "is an invention that not even the government understands."
"More inflation and more shortages await us," the economist remarked. "President Nicolás Maduro did not announce economic measures, he decreed further radicalization of price controls," which will result in "higher shortages of products in December this year and early in 2016."
Oliveros noted that the government "will do some sort of maneuver with imports to make some products available, but that feeling will be temporary, a matter of one or two weeks."
He concluded that Venezuelans would suffer the consequences of "the Executive Office's inability to adopt corrective measures." "I do not see the government saying mea culpa and trying to change its vision of the economy," he stated.