Venezuelan government approves 25 percent increase in bus fares
The Venezuelan government approved a 25 percent increase in official bus fares nationwide in suburban and interurban routes, in a joint resolution of the Ministry of Trade and the Ministry of Transport and Communications, dated May 2 and published in the extraordinary Official Gazette Nº 6,023.
Venezuelan consumer prices rose 1.7 percent in April, surging ahead despite government efforts to tame inflation in the oil-rich country.Consumer prices increased by 8.9 percent in the first four months of 2008, Central Bank figures released Tuesday show.