Venezuela's President Nicolás Maduro on Saturday announced a committee overseeing the creation of a new revolutionary assembly.

The newly established assembly will draw together the South American nation's progressive social movements and socialist politicians to revive the Bolivarian Revolution, the Venezuelan leader said, as reported by teleSUR.

Maduro managed the first meeting of an interim committee, which will eventually lead to the formation of the broader people's congress,, also called as the Congreso de la Patria or congress of the homeland, the news outlet noted.

The committee came from weeks of community and grassroots social movement meetings across the country, teleSUR added. A national congress is scheduled on April 13 after meetings conducted around Venezuela.

100 people were sworn in to the committee on Saturday afternoon. Beginning on Sunday, these individuals are in charge of mobilizing Venezuelans into the local assemblies. Venezuela's Vice President Aristobulo Isturiz said that the people will confer about four main topics: new forms of organization, creating a new cultural hegemony, assembling a new production economic model, and diversifying methods of struggle, teleSUR listed.

The congress "can't be a just closing ourselves in to debate, it has to take up public spaces and use all the different cultural and communication mechanisms (that we have)," Isturiz added, as reported by teleSUR.

Maduro pushed for a renewed debate among Venezuela's progressives after the National Assembly elections in December, according to teleSUR. The right-wing Democratic Unity Roundtable, or MUD, won the greater part in the National Assembly.

Venezuela's Congress Rejects Maduro's Request of Emergency Powers

Venezuela's Congress has rejected Maduro's decree requesting emergency powers to tackle the country's worsening economic crisis, Euronews reported. The Chamber, which is led by the opposition, said that the president's ruling provide no solutions.

"This decree only creates the same fear of expropriations, monetary controls, the freezing of financial assets and endless budgetary control that is just the same old formula that has been implemented for years in Venezuela and has led to the crisis we are in today," said opposition Member of Parliament Julio Borges, as quoted by the news outlet.

Critics blame the Socialist Revolution for the disarray, Euronews added. Maduro's decree envisioned extensive executive powers to control the oil-producing country's budget, currency, and firms.

Venezuela has been suffering the consequences of the recent fall in the oil's price per barrel, the news outlet noted. Venezuelans are angry at runaway prices and long lines for inadequate products at supermarkets and pharmacies. The International Monetary Fund, or IMF, has predicted inflation of 720 percent this year.