Venezuelan President Hugo Chávez has tightened his grip on the economy with a package of decrees bolstering government power to take over businesses and control prices in the run-up to tight regional elections.
The measures, decreed through special powers allowing him to bypass Congress, resume his aggressive 2007 drive to forge a socialist state and closely resemble proposals included in a constitutional reform voters rejected in December referendum.
The laws give Mr Chávez new short-term inflation-fighting mechanisms at a time when supporters are increasingly complaining about South America's fastest-rising consumer prices, which jumped 22.5 per cent in 2007.
Opposition leaders accused Mr Chávez of trying to push force through his failed constitutional reform and slammed him for not publicly discussing the package of laws.
"The government on a whim put out these 26 laws, smuggling in the night a group of measures that the Venezuelan people clearly said no to," said opposition leader Julio Borges.
The new legislation lets Mr Chávez name regional political authorities and provide them funding from government coffers, possibly allowing him to retain control of key states if his supporters lose the upcoming regional elections.
The decrees fit Mr Chávez's vision of a centralised economy, giving the government broad powers to intervene at any step in the supply chain and even creating committees to decide how much food should be consumed in certain regions.
"Basically the state is defining what the Venezuelan consumer should eat, how much to eat (and) where to acquire the brand of their preference," said Pablo Baraybar, president of Venezuela's food industry business group.
Mr Chávez, a self-styled socialist revolutionary, last year launched a wave of nationalisations in the telecom and energy sectors, leading oil giants Exxon Mobil and ConocoPhillips to quit Venezuela's prolific oil fields.
His December loss in the constitutional reform referendum slowed his drive but he renewed it this year with takeovers in the steel and cement sectors and he recently announced the takeover of a bank owned by Spain's Grupo Santander
Mr Chávez enjoys broad popular support thanks to heavy social spending financed by booming oil revenues but runaway inflation has started eating away at the economic benefits he has offered the poor.
Reuters