seniat

## Numbers that speak more than taxes
The National Service of Customs and Tax Administration (Seniat) reported that during August tax collection reached 817.7 billion bolivars, equivalent to 1,059.37 million dollars. The figure, which implies a real increase of 25% compared to the same period of 2025, is not just a statistic for accountants. In a country where the bolívar and the dollar coexist in a complex dance, these numbers raise alarms and opportunities for those operating in the P2P market and cryptocurrencies.

Economist expects it to continue to decline so that price pressure eases
There has been a reduction in the exchange-rate gap, which reached 12%, its lowest point in recent weeks, but it has risen again somewhat and is now between 15% and 18%. However, it is still lower than the 30% seen a few months ago. In that sense, it is positive news, according to economist Asdrubal Oliveros.
“Let’s hope the gap keeps narrowing because its main consequence is that it reduces pressure on prices and even brings prices down—especially in dollars. One of the most negative consequences of a high exchange-rate gap is that prices in dollars are inflated. That’s why Venezuela in dollars is an extremely expensive economy,” he said.