Venezuela govt claims oil funds spent on payroll; minimum wage still under $1

The Venezuelan government asserts that oil revenues held in a US-custodied account were used for payroll, but the minimum wage remains below one dollar, raising questions about fund allocation. The Banco Central de Venezuela must justify the use of these funds to access them, amid ongoing US sanctions and asset controls. The discrepancy between stated spending and actual wage levels suggests potential mismanagement or diversion, though details remain unverified.

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