Venezuelans suffer as economic crisis worsens
Venezuelans are suffering as the economic crisis in the country worsens. Many are depending on relatives who are providing them with funds from abroad.
People cross the Colombian-Venezuelan border over the Simon Bolivar international bridge, Colombia June 27, 2018. (Reuters)
With the economic situation in Venezuela deteriorating, more Venezuelans are turning to their relatives abroad to get money to survive, but not all are lucky enough.
The country is struggling with a worsening economic crisis and purchasing power has taken a pounding.
The International Monetary Fund predicts hyperinflation will reach 13,000 percent by the end of this year.
TRT World’s Juan Carlos Lamas reports from Caracas.