President Nicolás Maduro Moros, reported that the Public Banking will grant permanent credits, nominated in Petro, to the business sector for the purchase of raw materials and for productive growth, for payment in convertible foreign currencies:
“It is time to give credits in foreign currency to the Public Banking for productive needs. We give it in Petros, a cryptocurrency with national and international circulation and according to what you are going to buy, you (can) change it in euros, yuan, rubles and even in dollars”, explained the National President, during a new Productive Thursday journey held from Miraflores Palace, in Caracas.
He recalled that this initiative will go hand in hand with the entry into force of the Digital Bolívar as of next October 1st, an initiative aimed at facilitating the construction of new spaces for the productive growth of our economy.
During this journey the Head of State established contact via satellite with various productive entrepreneurs who are on the path of economic growth through increased national production.
The financing can be made even in other cryptocurrencies, such as Bitcoin, Etherum and other virtual currencies:
“We are going to do it, please do it, Madam Executive Vice President and Minister of Economy. So many good things that are being done in the country and everything is done by the will of a people that did not surrender nor will ever surrender to arrogant threats and blackmail from members of imperialism, who every day declare garbage against Venezuela, threatening Venezuela», he emphasized.
The Head of State commented that the serious and productive business community of Venezuela counts on a government that supports it:
«Everything we can do to support the growth of national production, we are going to do it,» he emphasized, recalling that, recently, 597 tariff codes were approved to protect entrepreneurs and to stimulate national production.