According to economist and business consultant Alejandro Grisanti, the country has begun implementing an emergency plan for the sale of foreign exchange to the national private sector, and added that the operations will not be carried out through the BCV.

Grisanti explained that US$500 million have already been deposited in the Qatar Trust Fund, and of that amount, around US$300 million will be sold to the four largest private banks in the country. The only requirement to participate in the auction is that the final applicant's account has a SWIFT code, so that the transaction can go through the U.S. financial system.

Grisanti added that the BCV will be the receiver of the bolivares generated from these auctions and can only use them to pay salaries and employee benefits, reinforcing fiscal discipline and reducing discretionary uses.