
Whipped by sagging international reserves at 53 percent the first five months of this current year, President Hugo Chávez claimed that most of the collapse was due to transfer of resources to the National Development Fund (Fonden). The fund was created under his government to boost development plans. Therefore, "I had VEB 500 in a pocket, took VEB 200 out of them and placed them in another pocket, as it were."(full information)/Fustigado por el derrumbe de las reservas internacionales en 53% durante los primeros cinco meses de este año, el presidente de la República, Hugo Chávez, afirmó que el grueso del desplome obedece a un traspaso de recursos al Fonden, un fondo creado por su gobierno para impulsar planes de desarrollo y por tanto, "lo que ha pasado es como que si yo tuviera 500 bolívares de un bolsillo y me pase 200 al otro bolsillo" ( información completa)

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