Venezuela crisis: Maduro vows to increase gold production (Image: GETTY)
Amid economic turmoil, domestic crisis and recent sanctions from the US, Maduro insisted that he would increase the production of gold by three times on Wednesday. He also pledged to extract an additional one million barrels of oil a day in order to improve the country’s economic conditions. Washington has recently put heavy sanctions on Venezuela’s oil industry in order to try and force Maduro out of government.
Maduro said: “These difficulties are for us a chance for exemplary economic development in Venezuela.
“We have a challenge, which is an additional increase in oil production by one million barrels.
“Thus, our economy will receive additional financial resources.
“We have a plan to increase the extraction of gold three times, as well as gas, steel, iron and aluminium.”
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