The government of Venezuela has seized 4 million children's toys from a toy . It will give the toys to children for or at discounted prices in for Christmas. The government says the distributor was charging high prices for the toys, which meant only the people could buy them. Venezuela has one of the highest rates of in the world. This is the rate at which prices go up. The IMF says the rate could be as as 2,000 per cent in 2017. Many Venezuelans can't afford to buy non-essential like toys. Even a jar of Nutella can cost half the monthly minimum . In the past few months, Venezuela has also ordered price cuts on clothes.
In total, the government seized 3,821,926 toys from two . It tweeted: "Our children are . We will not let anyone rob them at Christmas. Boys and girls of this country will have a happy Christmas." The government said the toy distributor was keeping the toys out of the to reduce their and so increase prices. The government also accused the company of buying them with it got at very low several years ago and now wanted to sell the toys at much prices. The toy distributor has said it has done wrong and was not trying to sell the toys at high prices to make profits. It said many of the toys were out of .