Foreign funding of Venezuelan opposition rises dramatically

NED Report: International Agencies fund Venezuelan opposition with $40-50 million annually

Eva Golinger

A revealing report published in May 2010 by the FRIDE Institute, a Spanish think tank, prepared with funding from the World Movement for Democracy (a project of the National Endowment for Democracy “NED”), has disclosed that international agencies are funding the Venezuelan opposition with a whopping $40-50 million USD annually.

This exhorbitant amount of financing well exceeds the approximately $15 million USD previously believed to have been channeled to Venezuelan opposition groups via the United States Agency for International Development (USAID) and the NED.

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