Caracas, Mar 19 (Prensa Latina) Social inclusion policies, backed by billions in financial investment, stand out today in Venezuelan government management as part of a trend that began 14 years ago when Hugo Chavez took office.
According to the Ministry of Planning and Finance, in that period the government spent $551 billion USD for programs with broad impact on
Those actions include Venezuelans’ access to pensions, with an increase of 529 percent in the number of beneficiaries from 1998 to 2012.
The National Statistics Institute revealed that under the Bolivarian Revolution 2.4 million pensioners joined the system.
The Greater Love mission was created by the government in late 2011 to serve the elderly excluded from social security due to lack of contributions.
That humanitarian mechanism benefited 516,126 people last year alone.
Moreover, the contributions of Chavez’ social policy also involve parity between minimum wage and pensions, and opportunities for informal workers to pay contributions in order to gain future access to pensions.