Venezuela's government announced Monday that it is reducing the length of the workday and keeping schools closed due to devastating electricity blackouts plaguing the country.
Crippled infrastructure, little investment in the power grid and poor maintenance mean that the widespread blackouts that have hit Venezuela throughout the month of March are likely here to stay.
Add to that the country's economic deep crisis, eye-popping inflation rate and the "brain drain" of qualified personnel -- some 25,000 people in the electricity sector have left the country, part of the 2.7 million Venezuelans who have emigrated since 2015 -- and you have the makings of a crisis with no end in sight.
On Sunday, authorities acknowledged that there was not enough electricity to go around.
"To achieve consistency in the provision of electricity, the Bolivarian government decided to maintain the suspension of school activities and establish a workday until 2:00 pm in public and private institutions," Communications Minister Jorge Rodriguez said on state television.
With no electricity, pumping stations can't work so water service is limited. Street lights and traffic lights go dark, pumps at fuel stations stand idle, and cell phone and internet service is non-existent.
Also Read
"This is going to continue, the situation is very serious, there will be more blackouts and rationing," said Winton Cabas, president of the Venezuelan association of Electrical and Mechanical Engineering.
"The whole power grid is barely generating between 5,500 and 6,000 megawatts, when it has the capacity to generate 34,000 megawatts," he told AFP.
Disclaimer: No Business Standard Journalist was involved in creation of this content