Venezuela, day 110: the institutional map and the decisions still pending
On April 3, the 90-day constitutional term expired without a formal extension vote or declaration of permanent vacancy. At day 110, the economic architecture advanced: 13 GLs, hydrocarbons and mining reforms, BCV desanctioned. The political architecture — CNE, Electoral Statute, convocation, roadmap — did not. This analysis documents facts, separates confirmed from disputed, and maps pending decisions.
VE-MACRO · UNDER OBSERVATION. On January 5, Delcy Rodríguez assumed the acting presidency under Article 234 of the Constitution. On April 3, the initial 90-day term expired. There was no formal declaration of permanent vacancy, nor an extension vote by the National Assembly. The constitutional framework designed for this scenario did not activate an electoral mechanism nor formalize continuity. This analysis documents verifiable facts at day 110, separates what is confirmed from what is reported-but-disputed, and maps the decisions no actor has formally taken.
The Rubio three-phase plan — stabilization, recovery, transition — was presented in classified Senate and House briefings in January. Rubio offered no election timeline.
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