A 36-Pack of Condoms In Venezuela Now Costs $755 at Official Rates
Necessary, but could cause some to skip meals…
Compare that to a box in the U.S., which goes for $21.
The huge mark-up is due to the collapse in oil prices, which has had disastrous consequences in Venezuela, Bloomberg reports.
The South American country relies on crude oil exports for 95 percent of its foreign currency earnings and has seen a 60 percent fall in those exports over the past seven months.
As a result of the government’s policy of slashing imports to make up for the deficit, consumer goods have become scarce and expensive, and people are forced to queue for hours to get basic products such as meat, sugar, medicine and now contraceptives.
For those with access to American dollars, condoms…
View original post 78 more words