Venezuela becoming 'laughing stock', ex-Chavez economic guru says


  • World
  • Tuesday, 03 Feb 2015

Venezuela's Planning Minister Jorge Giordani talks to the media during a news conference in Caracas August 22, 2013 in this file picture. REUTERS/Carlos Garcia Rawlins

CARACAS (Reuters) - Venezuela's economic failings are turning it into the "laughing-stock" of Latin America, according to late president Hugo Chavez's top economic planner.

Former Finance and Planning Minister Jorge Giordani, who was sacked in mid-2014 by Chavez's successor, Nicolas Maduro, said in an interview this week that reforms in the South American OPEC nation are years overdue.

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