CARACAS, June 13 — Venezuelan pop and reggaeton fans able to pay the equivalent of the country’s monthly minimum wage for a concert ticket are filling venues for the first time in over seven years to see their favourite national and international artists.
The events, mostly accommodating just a few thousand spectators, have tended to sell out, including an urban music festival that took place earlier this month in the parking lot of a Caracas shopping centre. “People and concert promoters have given themselves the opportunity to bring joy, to change the reality a bit,” said Fabian Garcia, a hospitality student who travelled to the capital to attend the festival at the shopping centre.
Inequality has worsened, with the income of the richest fifth of the population increasing last year to 46 times that of the poorest fifth, doubling the gap recorded in 2020, according to calculations by the local firm Anova Policy. It also noted a lumpy recovery in consumption across different segments of the population.
Nearly two-thirds of households report a deterioration in electricity and water supplies, according to local observatory group, and companies are operating at 28 per cent capacity, according to industry group Conindustria.
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Concerts and catwalks return to Venezuela, but only for those with cashCARACAS (Reuters) - Venezuelan pop and reggaeton fans able to pay the equivalent of the country's monthly minimum wage for a concert ticket are filling venues for the first time in over seven years to see their favorite national and international artists. Same thing in our country :)
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