Plan País Venezuela (English: Plan for the Country) is a plan organized byJuan Guaidó and theNational Assembly of Venezuela created to revitalizeVenezuela's economy, petroleum industry, and social sectors.[1][2]
Plan País Venezuela had been under elaboration for some time and was initially developed through a series of public and private meetings in the United States and Venezuela. Experts from all sectors were consulted, among them economistRicardo Hausmann and politicians and diplomats includingLeopoldo López,Julio Borges andCarlos Vecchio along with Guaidó.[2][3] Guaidó has thanked his mentor Leopoldo López, stating thatLópez's book,Venezuela Energética, had inspired thePlan País Venezuela project.[4]
During theVenezuelan presidential crisis, Guaidó announced on 31 January that theNational Assembly of Venezuela had approved a commission to further develop and implement the plan for the reconstruction of Venezuela, to be headed by DeputyJuan Andrés Mejía.[4][5] The plan envisions providing government subsidies to the most vulnerable populations in Venezuela, restoring experienced personnel—removed by former PresidentHugo Chávez—toPDVSA (Venezuela's state-run petroleum company) and improving foreign investment.[6] According to Guaidó, the aims of the plan are to "stabilize the economy, attend to the humanitarian emergency immediately, rescue public services, and overcome poverty."[7] A response to Maduro'sPlan de la Patria, it has provisions to revitalize PDVSA, restore the health sector and offer assistance to the most poverty-stricken.[1]
Economic advisorJosé Guerra stated that to curtail hyperinflation in Venezuela the transitional government must removefixed currency exchange rates, stopmonetary inflation by limiting Venezuela'smoney supply and refinance foreign debt.[8] Advisor Jose Toro estimated that Venezuela needed an investment of $30 billion for economic recovery.[8] National Assembly legislator Ángel Alvarado stated: "We are not going to reducespending, we are not going to live inausterity, we are going to anexpansion program to reactivate theVenezuelan economy."[6] Implementation of the plan requires the exit ofNicolás Maduro from thepresidency.[2]