Venezuela has a serious problem with housing and now with petroleum prices halved in a year the populist government of President Maduro is forced to scrutinize expenses but one thing they say will go forward is the plan to build 700,000 public housing homes and apartments this year. The government says that they have 300,000 under construction now and that construction is to begin on 400,000 by June 30.
In other news China just approved another loan to Venezuela, in the amount of five billion dollars. Venezuela has just cut overseas travel subsidies that benefit the middle class people by two billion dollars and foreign banks are relaxing about the matter of Venezuela's debt payments that are coming due.
54 years old Marlene Olivo needed one of those apartmentsbadly. When bus driving President Nicolas Maduro rolled into Olivo's home state of Aragua a few days ago Olivo tossed a request for housing written on a mango at the former bus driver and union activist. He got the message and she 's getting her apartment today, most likely.