Maduro has decreed a state of "economic emergency" in Venezuela

Caracas - Venezuelan President Nicolas Maduro declared "economic state of emergency" for 60 days to meet the serious crisis in the country, shortly before submitting its report for the first time management to a majority of Parliament opposition.
"It is stated economic state of emergency throughout the national territory in accordance with the Constitution of the Bolivarian Republic of Venezuela and its legal system for a period of sixty days (60)", published on Friday the Official Gazette.
The Economy Minister Luis Salas, appointed a week ago to coordinate the new economic team, plans to place midday provide details of the decree, since the Official Gazette does not publish on the Internet the measures to be taken, just the summary.
The expected announcement of the president, scheduled for local 17h00 (19h30 GMT), takes place in full institutional crisis triggered after installation ten days of the new National Assembly, where opposition has classified most for the first time in 17 years of government Chavez.
The president had announced it would shortly present a plan with measures to boost production in the face of almost total dependence on oil - source of 96% of foreign exchange - whose prices fell below $ 30 a barrel.
The oil country with the largest oil reserves in the world is suffering a severe shortage of food and medicine, an inflation rate of over 200% and a fiscal deficit of about 20%, according to private economists.