Venezuela becoming 'laughing stock', ex-Chavez economic guru says

February 3, 2015 2:55 PM

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Venezuela becoming 'laughing stock', ex-Chavez economic guru says

CARACAS (Reuters) - Venezuela's economic failings are turning it into the "laughing-stock" of Latin America, according to late president Hugo Chavez's top economic planner.

Former Finance and Planning Minister Jorge Giordani, who was sacked in mid-2014 by Chavez's successor, Nicolas Maduro, said in an interview this week that reforms in the South American OPEC nation are years overdue.

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