Hundreds of supporters of the ruling Socialist Party cheered outside the National Assembly as the so-called Enabling Law was passed, while a recording of Maduro's late predecessor, Hugo Chavez, singing Venezuela's anthem rang out inside the hall.

 

The power to pass laws without congressional approval gives Maduro a political victory in the run-up to December 8 municipal elections, although he still faces a severely distorted economy with embarrassing product shortages and inflation surging to nearly 55 percent.