Venezuela budget targets 2014 growth near 4 pct -fin min

Reuters

CARACAS, Oct 22 (Reuters) - The Venezuelan government'sproposed budget for next year is based on an estimate theeconomy will grow by around 4 percent, the finance minister saidon Tuesday.

Nelson Merentes said he expected the economy to haveexpanded by between 2 and 3 percent in the third quarter of thisyear. He told reporters the 2014 budget plan was based on theofficial exchange rate remaining at 6.3 bolivars per dollar.

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