Venezuela Tackles Food Hoarding with New Electronic ID System

Global Business

In an effort to prevent inflation and the food shortages plaguing Venezuela’s supermarkets, the government has begun the registration process for a new electronic ID system that will limit purchases at some government-run stores.

But critics wonder if this heavy-handed approach will really help alleviate Venezuela’s economic crisis. CCTV’s Martin Markovits reports from Caracas.

Follow Martin Markovits on Twitter@MartinMarkovits

Venezuela Tackles Food Hoarding with New ID System

Venezuela Tackles Food Hoarding with New ID System

In an effort to prevent inflation and the food shortages plaguing Venezuela's supermarkets, the government has begun the registration process for a new electronic ID system that will limit purchases at some government-run stores. But critics wonder if this heavy-handed approach will really help alleviate Venezuela's economic crisis. CCTV's Martin Markovits reports.
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