Of course. Venezuela is an oil country, and it is a significant part of the story.
However, let's try to review quickly what has gone on in the last 15 years.
Venezuela used to be a country with about 250,000 companies and corporations. Now in Venezuela, 75% of such companies have been closed. Venezuela used to be a country with about 8,000 industries, with one of the largest industrial parks in the region. Now 90% of such industrial parks have been destroyed because of economic policy. Venezuela also used to be an agricultural country. Now, four million hectares have been expropriated by the government.
It's not just about oil. About 85% of the income in Venezuela comes from oil, but now 90% of the food comes from imports that have been controlled by the government. When you create a huge control of the economy and the economy now becomes an issue for the government in Venezuela, when that situation happens, you cannot produce in Venezuela and sell its products at a price that is superior to the production price.
That is what has happened in Venezuela with the control of the economy. There is a lot of distortion. We have three or four country exchange rates. That is why, in Venezuela, we have a country with a wage of less than $30 per person. We have moved in poverty from Chávez, at 40% in poverty, to plus 80% in poverty. That is the picture right now in my country.