They propose to add three zeros to the bolivar against the shortage of cash

Venezuelan opposition deputy José Guerra reported Monday that it was proposed to the Central Bank of Venezuela (BCV) that the 100 bolivars note be rebooked to transform it into 100,000 bolivars, with the intention of temporarily attacking the problem of the country's shortage of cash .

Read: (Maduro economic plan for Venezuela does not convince).

"We have to remarke, it is called review, the ticket so that we have the ticket of 100,000 bolivars," he explained in an interview with the private channel Televen, where he said that the proposal was raised to the national issuing body and so far have not received a response .

Read: (Venezuelan government will monitor banks and businesses in the face of cash shortages).

"We sent a letter to the president of the Central Bank suggesting this proposal, to expedite, because two difficult months come we need to solve this problem," he added in reference to November and December, months that historically show significant variations of the country's trade movements.

Read: (Inflation in Venezuela is 366% in 2017).

According to Guerra, if you mention the 100 bolivars (which had to be released last December and whose exit has been repeatedly postponed), you can have the same purchasing power and "temporarily" solve the shortage of bills. "Until you define a new economic program that will lower inflation, which is the fundamental solution of this problem," he said.

Venezuelans face a shortage of cash, among other reasons and according to the Government of that country, for the alleged contraband of bills towards the border with
Colombia.

Another factor is the rampant inflation, a figure that the BCV has not offered since 2015, but according to the Venezuelan Parliament, it has accumulated 366.1% so far in 2017. "There are not enough tickets. Inflation has destroyed. With a ticket of 20,000 now you do not get a carton of eggs (30 eggs), "he said.

To the scarcity of these papers, in addition, is added the measure of the advance suspension of bills in shops, which served as an escape for the citizen who, on average, can withdraw a daily maximum of between 10,000 and 20,000 bolivars, equivalent to between 3 and 6 dollars according to the official reference rate.

"A ticket of 10,000 (bolivars) issued in January of this year ... lost 75% of its value, for inflation. What you bought with this ticket of 10,000 now you need many more tickets and that is why now is scarce, "Guerra explained.

The parliamentarian noted that the shortage of bills is also due to the fact that these are imported and that the BCV owes to the coin printing houses. "This ticket is brought, imported and the commercial printing houses of currencies the Central Bank has a delay with them, have not paid and tickets have not arrived," Guerra said, "they will not arrive."

Venezuela has already recorded at least two crises per cash in recent months, the most serious of which occurred in mid-December after the head of state, Nicolás Maduro, ordered to withdraw the ticket of 100 bolivars in three days to then the largest monetary sign of the country.