The Central Bank must present accounts to the National Assembly and report on its spending and success in meeting macro-economic targets. The government cannot sell shares in state oil company Petroleos de Venezuela but it may divest subsidiaries. State health care, education and pensions are guaranteed for every citizen. At present the state provides pensions only to those who contribute to the social security system. The working week is cut from 48 to 44 hours.
Tax evasion is punishable with prison.
Agricultural self-sufficiency is declared a priority. The state can take measures to defend local producers against foreign competition.