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    Home AMERICAS Venezuela

    Simón Calzadilla: “Without autonomy of the BCV there is no stabilization”

    The Analyst by The Analyst
    April 16, 2026
    in Venezuela
    Simón Calzadilla: “Without autonomy of the BCV there is no stabilization”


    The Movement for Venezuela (MPV) assessed as positive the growing support from various sectors for the measures it proposed on January 26, 2026 to recover the autonomy of the Central Bank of Venezuela (BCV), unify the exchange rate and reactivate credit, among other key actions.

    Simón Calzadilla, national general secretary of the MPV, recalled that the organization then presented a package of economic and political reforms that today find echo in the United States government, opposition organizations and independent analysts.

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    “On January 26, we presented to the country the need to restore autonomy to the Central Bank of Venezuela, exchange rate unification, reduce the legal reserve to restore credit and move towards economic recovery. We also included political liberalization, national reconciliation and a clear electoral schedule,” said Calzadilla.

    Central economic measures

    The leader insisted that the lifting of sanctions on the BCV must be immediately accompanied by the full restitution of its institutional autonomy. This implies, according to the MPV, replacing the current board of directors with high-level technical professionals, without partisan political ties.

    “The BCV must stop financing the Executive’s fiscal deficit by issuing money without support, a highly inflationary practice. Without inflation control there will be no stabilization or recovery possible,” Calzadilla emphasized.

    Among the functions that the issuing entity must recover are:

    • Articulate exchange rate unification and promote the free supply of currency.
    • Provide transparency to pricing.
    • Remove the current shift control.

    Another key proposal of the MPV is to reduce banks’ legal reserves to restore credit to families and companies. The party also demands full transparency in all operations of the issuing institute.

    Political and transition component

    Calzadilla reiterated the need for a negotiated agreement between the Government and the democratic opposition that leads to the effective restitution of the Constitution within a defined period.

    Among the demands are the immediate release of all political prisoners, the free functioning of political parties, the repeal of the Foreign Commotion Decree and the democratization of the National Electoral Council (CNE), the Supreme Court of Justice (TSJ) and the Citizen Power.

    “We proposed the creation of a plural political space to reach the necessary consensus in the appointments of key institutions,” he said.

    The MPV also proposed a national reconciliation agreement that includes amnesty, truth commissions and guarantees for all political actors, with the participation of international organizations to give greater credibility and security to the commitments.

    Calzadilla considered that the current coincidence of positions demonstrates that the proposals presented by the MPV in January constitute a viable path to achieve both economic stabilization and an orderly political transition in Venezuela.



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