Venezuela to inject $3b to market this week

Venezuela's government said Saturday it will inject three billion dollars into its domestic market this week in a bid to regain liquidity in its economy.
"It's going to be immediate," said Finance Minister Ali Rodriguez about the injection's impact at the start of the fourth quarter, upon his arrival at the Africa-South America summit taking place here.
The three billion figure is more than half of the five billion dollars that Chavez announced earlier this month as part of a package of 40 measures seeking to bolster the country's economy.
He said injection would begin on October 1 "to produce a reactivation of the economy in the final quarter."
Venezuela's GDP contracted by 2.4 percent in the second quarter of 2009, after 22 consecutive quarters of growth.