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Government to continue funding social missions

The President of the Republic, Hugo Chávez Frías, affirmed on Friday that despite the global economic crisis, there will be no budget cuts for the socialist missions that propel the Revolutionary government.

The President made these remarks during a parade in the state of Falcón celebrating the 150th anniversary of the Federal Revolution.

“I guarantee that despite the global economic crisis affecting the whole world, we will not cut the budget of [social] missions because they are sacred and are a lifeline for the people,” said President Chávez.

He further noted that these missions cover diverse areas such as: food, health, education, housing, social security, culture, and the environment, among others.  “We will continue to invest the necessary resources to keep on developing the country,” he noted.

With this in mind, the President highlighted an agreement for the strategic China-Venezuela fund, signed on February 18th, which would double the fund by adding $6 billion between 2009 and 2010.  This fund will allow continued investment of resources for social missions and other projects that benefit the Venezuelan people in various ways.

President Chávez also indicated that this year a natural gas and petro-chemical project will be boosted, and that “the Revolution will transform the Paraguaná Peninsula into a great pole for industrial, petro-chemical and natural gas development for the Americas, the strategic peninsula of Paraguaná.”

During the parade, the President said that there are regions in Venezuela in which conditions for the meaningful advancement of the socialist project have improved; among these regions is the state of Falcón.

He referenced true socialism and affirmed: “Socialism is either scientific or it is nothing; socialism cannot be all talk or a wish or hope, it must have a body, muscles, flesh, [and] life in the reality” of the Venezuelan people.

Agencia Bolivariana de Noticias, Embassy of the Bolivarian Republic of Venezuela Press Office / February 23, 2009

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