National Executive and banking sector evaluate mechanisms to strengthen Bolivar and digital economy

In accordance with the guidelines of the Head of State, Nicolás Maduro, to promote new mechanisms that allow strengthening the use of the Bolivar and the digital economy, the Executive Vice President of the Republic and also the Minister of People’s Power for Economy, Finance and Foreign Trade, Delcy Rodríguez, led a work meeting with representatives of the country’s banking sector, as reported in a press release from the Ministry of People’s Power for the Economy, Finance and Foreign Trade (MPPEFCE).

The meeting, held from the headquarters of the MPPEFCE, had the participation of the Sectoral Vice President of Economy, Tareck El Aissami, the Superintendent of the Superintendency of the Institutions of the Banking Sector (Sudeban), Antonio Morales, the president of the Central Bank of Venezuela (BCV), Calixto Ortega Sánchez, and the presidents of public and private banking entities.

Likewise, during the meeting, the authorities evaluated the importance of boosting the digital economy at the beginning of this 2021, as well as guaranteeing technological solutions through bankarization in the different productive sectors, the implementation of new payment methods, among others, in order to boost the economic system and strengthen the protection of the Bolívar, the only official currency of the country.

Likewise, they addressed the advantages of the Anti-Blockade Law for National Development and Protection of Human Rights presented by President Nicolás Maduro, with the purpose of guaranteeing, among other objectives, the development and consolidation of the national productive apparatus.

On multiple occasions, the Bolivarian Government has ratified that the economic and financial policy of Venezuela is the Bolívar and that, therefore, it is and will continue to be the national currency.