The U.S.-besieged Venezuelan government unveiled on Thursday a proposed 2026 budget that is 12% lower in U.S. dollar spending compared to this year's spending plan.
Venezuela Unveils 2026 Budget with 12% Spending Cut
The Venezuelan government has released the proposed budget for 2026. According to the document, dollar-based spending will be reduced by 12% compared to the current year. This decision was made under U.S. pressure.
