The President of the Bolivarian Republic of Venezuela, Nicolás Maduro, announced the creation of the Industrial and Economic Investment Fund in the Petro cryptocurrency.
“I have signed the decision to create an industrial and economic investment fund in Petro, and I have provided for loans now, for tomorrow, 8,500,000 petros, equivalent to 510 million dollars to be delivered in national loans, to deliver them to all the businessmen of Venezuela”, he reported.
In the framework of Expo Venezuela, the Head of State assured that these resources will be useful to strengthen the productive capacity of companies.
The highest authority of the nation said that all these decisions allow to strengthen the sovereignty of the country before the attacks directed by the North American empire and its allies.
“I refuse to kneel to the gringos, I refuse to kneel to the factic powers of the world. We are not going to kneel. Venezuela has resisted and Venezuela is going to advance and will win, with our Petro, with our economy with our power, with our creativity”, he said.
The executive vice-president of the Bolivarian Republic of Venezuela, Tareck El Aissami, informed that this fund will be returnable in any other cryptocurrency for the strengthening of this mechanism.
