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Venezuela To Use Petro For Chrismas Bonus Paid to Pensioners And Retirees

By Natalie Wu | November 18, 2019

Nicholas Maduro – the president of Venezuela – has reportedly revealed that the Christmas bonus will be given to retirees and pensioners of the country in the form of Petro, the national digital coin

Reported by Venepress on November 17, the newly-deployed initiative is yet another attempt from the Venezuelan government to make Petro legitimate when it comes to money for pensioners in the country. 

Previously in December 2018, Venezuela has sent the annual bonus for pensioners into their wallet in the form of Petro, without notifying them in prior. 

Petro – the digital assets which has received numerous feedbacks, positive and negative from the audience outside of the country since its launching day – has been put up for a pre-sale back in February 2018. Also in last year, Petro was severely considered simply an un transparent “stunt”, operated by a centralized and neck-deep in debt establishment. 

Nonetheless, the Venezuelan authorities are still putting extensive efforts in promoting and making the national digital coin legitimate. 

On November 13, Francisco Torrealba –  the Deputy of the National Constituent Assembly of Venezuela – has shared his remarks, claiming that the nation is on the verge of a great change, and the Petro project Maduro has managed to push out will be a “great contribution” to Venezuela. He further believed that “everything will be from this currency [the Petro].”

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