Venezuela: What will change after the opposition won?

What will change after opposition win?


The opposition alliance has won a landslide victory in legislative elections in Venezuela. For the first time in 16 years, and will control Congress. What changes are likely to result from this result?




Who is in control?
 Venezuela has a presidential system. President is the head of the executive branch.

The National Assembly is the legislative authority. It consists of one room with only 167 members.

French President Nicolas Maduro was elected in April 2013 for a period of six months.

Until now, his party, the United Socialist Party Socialist, a majority in the National Assembly, and allow him to pass laws smoothly and even allows him to temporarily govern by executive decree.

President Maduro is now facing the National Assembly where the opposition enjoys majority are.

Venezuelan politics and so far has been very polarized and the opposition can withstand a lot of legislation President Maduro.

The likely outcome will be a power struggle between the executive and legislative branches.

Under the Venezuelan Constitution, the President has only a limited right of veto.

President can send legislation to the National Assembly, but the latter can override a veto by an absolute majority.

President Maduro will remain in power?

 President Maduro ending the period up to April 2019.

However, once it is in the middle of the road in its mandate, from April 2016 onwards, it can hold this referendum.

There is a need to four million signatures to trigger and threatened some members of the opposition already for such a referendum.

President Maduro his predecessor in office, Hugo Chavez won a referendum in 2004, but the popularity of Mr. Maduro never high as such a mentor.

If the opposition wins a two-thirds majority of the vote will have great power.

Then we can in order to create a Constituent Assembly to rewrite the Constitution.

A new constitution could weaken the president's powers, and therefore the position of President Maduro.

The opposition has also promised to pass a general amnesty law for the release of political dissidents imprisoned under the government of President Maduro.

Out of jail and able to participate freely in the political life, they could pose a political threat and added that the leadership of President Maduro.

What does this mean for in Venezuela "Bolivarian Revolution"?

 Over the past 16 years, and the ruling party of the Unified Socialist Party, for the first time under the leadership of the late Chavez, and more recently under Mr. Maduro, that may alter Venezuela, according to her vision of socialism.

They plowed large portions of its oil revenues in the generous social programs such as housing and poverty reduction.

Many of the Caribbean and Central America with oil at preferential prices also provided.

But with the decline in world oil prices, and these programs it has been difficult to sustain.

Even before the opposition victory on Sunday, the Unified Socialist Party struggled to finance social welfare programs.

Opposition MPs, who are now in the majority, can prevent any new legislation aims to expand the socialist policies of Venezuela.

President Maduro on Sunday called on his followers to "re-evaluate many of the political aspects of the revolution," although he did not say what will be aspects.

What can the opposition do?

Historically, witnessing opposition coalition MUD in the internal fighting and power struggles.

But his victory in the elections backed his coalition, MUD Secretary-General Jesus Torrealba hit a note of unity and cooperation.

"There is a place for everyone in this project, and this one is one project called Venezuela, Venezuela and the United."

He also assured his political opponents "We do not go into the National Assembly to trample on the minority."

He promised his supporters that "we know how to manage this victory."

However, during its 16 years in power, the United Socialist Party of many of its supporters and placed in key positions in state institutions.

And therefore it can face an uphill legislative get any passes laws that implement the task.

Over the strength of the opposition will yield depends on the final result.

A majority of three-fifths, and will be able to replace the vice president and ministers, as well as members of the Electoral College.

If he wins super, it can also replace members of the public prosecutors and judges, but this is likely to take a long time.

What about the economy?

 Venezuela's economy is in a deplorable state.

Very high rates of inflation, is unlikely to be fixed quickly shortage of some commodities and declining oil revenues.






























One of the main problems in Venezuela is one of almost total dependence on oil, the price of which fell sharply.

To diversify their production will be key to its recovery with the survival of low world oil prices, but this will not be a quick effort in this country, which almost exclusively focused on the production of oil for decades.

The opposition says the problems have been exacerbated by the Venezuela government mismanagement.

But the replacement of staff in state-owned companies such as oil giant PDVSA will take time and will likely meet opposition from the executive branch.

He said many of the Venezuelans and asking them to vote for the opposition because of the shortages and endless queues have brave to get some basic commodities.

But the lifting of price controls, which many people say is responsible for this shortage, Venezuelans can turn the poor against the members of the newly elected People's Assembly.

The reform its strict currency controls is also likely to be immediate.

In the short term, the legislative and may push for the dissemination of accurate economic indicators, which have not been published since last year, leaving many Venezuelans to wonder how bad the economic situation really is.

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