AIRLINK 74.64 Decreased By ▼ -0.21 (-0.28%)
BOP 5.01 Increased By ▲ 0.03 (0.6%)
CNERGY 4.51 Increased By ▲ 0.02 (0.45%)
DFML 42.44 Increased By ▲ 2.44 (6.1%)
DGKC 87.02 Increased By ▲ 0.67 (0.78%)
FCCL 21.58 Increased By ▲ 0.22 (1.03%)
FFBL 33.54 Decreased By ▼ -0.31 (-0.92%)
FFL 9.66 Decreased By ▼ -0.06 (-0.62%)
GGL 10.43 Decreased By ▼ -0.02 (-0.19%)
HBL 114.29 Increased By ▲ 1.55 (1.37%)
HUBC 139.94 Increased By ▲ 2.50 (1.82%)
HUMNL 12.25 Increased By ▲ 0.83 (7.27%)
KEL 5.21 Decreased By ▼ -0.07 (-1.33%)
KOSM 4.50 Decreased By ▼ -0.13 (-2.81%)
MLCF 38.09 Increased By ▲ 0.29 (0.77%)
OGDC 139.16 Decreased By ▼ -0.34 (-0.24%)
PAEL 25.87 Increased By ▲ 0.26 (1.02%)
PIAA 22.20 Increased By ▲ 1.52 (7.35%)
PIBTL 6.80 No Change ▼ 0.00 (0%)
PPL 123.58 Increased By ▲ 1.38 (1.13%)
PRL 26.81 Increased By ▲ 0.23 (0.87%)
PTC 14.01 Decreased By ▼ -0.04 (-0.28%)
SEARL 58.53 Decreased By ▼ -0.45 (-0.76%)
SNGP 68.01 Decreased By ▼ -0.94 (-1.36%)
SSGC 10.47 Increased By ▲ 0.17 (1.65%)
TELE 8.39 Increased By ▲ 0.01 (0.12%)
TPLP 11.05 Decreased By ▼ -0.01 (-0.09%)
TRG 63.21 Decreased By ▼ -0.98 (-1.53%)
UNITY 26.59 Increased By ▲ 0.04 (0.15%)
WTL 1.42 Decreased By ▼ -0.03 (-2.07%)
BR100 7,941 Increased By 103.5 (1.32%)
BR30 25,648 Increased By 196 (0.77%)
KSE100 75,983 Increased By 868.6 (1.16%)
KSE30 24,445 Increased By 330.8 (1.37%)

imageCARACAS: Venezuela's opposition said it will launch discussions Sunday aiming to devise a legal procedure within weeks to oust President Nicolas Maduro, whom it blames for the oil-rich country's economic crisis.

"Tomorrow there will be a special day of debate among political leaders on this subject," Jesus Torrealba, executive secretary of the opposition coalition MUD, told AFP on Saturday.

"In a few days, we will announce our agenda for change."

Prominent opposition lawmaker Freddy Guevara said on Twitter: "Tomorrow we will begin a discussion on the constitutional procedure for achieving a change of government."

He added: "Before the end of February we will be announcing this procedure."

The center-right opposition's most prominent figure, congressional chairman Henry Ramos Allup, on Friday vowed to speed up efforts to oust Maduro.

That call came after Maduro defied lawmakers by securing emergency powers to intervene in the economy.

Maduro responded by telling supporters "not to underestimate the threats Henry Ramos made today against peace and stability of the republic."

The MUD had promised to devise a way to oust Maduro before his current mandate expires in 2019, possibly through a new constitution or a referendum.

It was not clear however how it might overcome resistance from the court or electoral authorities, which it says are packed with Maduro's supporters.

Political deadlock over recent weeks between socialist leader Maduro and the opposition-controlled legislature has compounded an economic crisis.

Venezuela has the world's biggest known oil reserves but has suffered as crude prices have fallen sharply.

Citizens are suffering shortages of basics such as toilet paper and cooking oil.

Maduro has admitted Venezuela is in a "catastrophic" economic state, but said his emergency economic plan would allow the government to shore up production.

Copyright AFP (Agence France-Presse), 2016

Comments

Comments are closed.