VOICED : Barrio venezolano crea su propia moneda para enfrentar la crisis

In a Venezuelan neighborhood, the community created the PANAL currency to tackle cash shortages and hyperinflation. The currency, featuring Chávez's image, aims to protect and grow the local economy by preventing resource outflow. Economists attribute cash scarcity to delayed currency printing and inflation. The bolívar's devaluation against the black market dollar affects private imports. Media portray PANAL as a parallel currency, but the real issue is the parallel dollar. To curb resale, families have limited product purchases. Analysts predict hyperinflation will exceed 2,000% in 2017.

What was the primary reason for the creation of the PANAL currency in the Venezuelan neighborhood?

• To support international trade

• To increase tourism in the area

• To combat cash shortages and hyperinflation

• To replace the bolívar entirely

What is one of the main reasons for the cash shortage in Venezuela, according to economists?

• Excessive government spending

• Lack of foreign investments

• High demand for foreign currency

• Delay in printing paper money

How much has the bolívar devalued against the black market dollar?

• 50%

• 100%

• 75%

• 95%

What is the perception of the PANAL currency by some media outlets?

• It is a government-backed currency

• It is a replacement for the bolívar

• It is a parallel currency to the bolívar

• It is a digital currency

What is the expected inflation rate of the dollar in Venezuela for 2017?

• 1,500%

• 1,000%

• 500%

• 2,000%