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ANS Xtreme Performance is your one stop paintball shop where you can get all the paintball gear you are looking for. Mr Maduro also announced that the government would "simplify" the complex exchange rate from Thursday, easing the protected official rate for food and medicine imports which will now operate alongside a parallel "floating" rate. The rise in the heavily-subsidised fuel price will save 800m a year.
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The economy shrank 10 last year, amid rampant inflation and shortages of some basic products, According to the Bloomberg news agency, the state oil company Petroleos de Venezuela incurred.2bn in costs in 2013 to maintain Venezuela's fuel subsidy. You know you are dealing with a good and reputable company because we have been both retailing and manufacturing top quality paintball gear for over 20 years. Food and petrol price increases in 1989 sparked nationwide protests that resulted in scores of deaths, unrest that is considered to have paved the way for the late President Hugo Chavez's rise to power. "The cost is almost nothing.". He said the price rise was "a necessary measure, a necessary action to balance things, I take responsibility for.".
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Image copyright Reuters, image caption Venezuela's economy has been pushed to the brink by the collapse in the oil price, venezuela is raising petrol prices for the first time in 20 years, although the president claims it will still be the cheapest in the world. Venezuela's economy has been pushed to the brink by the collapse in the oil price, which accounts for about 95 of the country's export revenues.
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The cost of lower grade petrol would rise to about.10 a litre. Investors have become increasingly concerned about Venezuela's potential default on its huge debts. However, other countries, including Saudi Arabia also have extremely cheap, subsidised petrol prices. "Venezuela has the cheapest gasoline in the world Mr Maduro said in a televised address.
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He unveiled a series measures to help ease Venezuela's economic crisis, including devaluing the currency. At this point in time we have moved away from the manufacturing of paintball guns and paintball gear.
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President Nicolas Maduro said pump prices of premium fuel would rise from the equivalent.01 a litre to about.60 (0.40).