Adamant: Hardest metal
Tuesday, March 4, 2003

Currency Commission to publish list of importable goods

www.vheadline.com Posted: Tuesday, March 04, 2003 By: Robert Rudnicki

According to Currency Administration Commission (Cadivi) president Edgar Hernandez, a list of goods for which will once again be able to be imported on the Commission's website tomorrow. This follows a six week ban on dollar sales, which has virtually halted all import activity.

President Hugo Chavez Frias has already said that dollars will not be made available for luxury goods such as 10-year-old malt whiskies, insisting that funds will only be made available for necessities.

Hernandez clarified this point saying "those with products not on the list need not apply."

In the initial stages $600 million will be made available each month, around half of normal demand, with fast food chains likely to suffer as Hernandez claims they will not be on the priority list and will have to wait before their dollar applications can be processed.

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