Maduro Plans to Give Venezuelan Pensioners Petro as Christmas Bonus

Regional news outlets from Venezuela have revealed that President Nicolás Maduro plans to dole out petro as a ‘Christmas bonus’ for Venezuelan retirees and pensioners. Moreover, despite the fact that many Venezuelans say average citizens don’t use the petro, Maduro also claims there are 27,000 petro affiliated businesses.

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Venezuelan Pensioners’ Christmas Bonuses to Be Paid in Petro

The Venezuelan President and the leader of the United Socialist Party Nicolás Maduro has revealed that the government plans to give Venezuelan retirees and pensioners the gift of petro this Christmas. The petro (PTR) is the first cryptocurrency launched by a nation state and the digital asset has been controversial since it was announced. Many skeptics believe the petro is only used by government officials and their friends to skip international sanctions initiated by the U.S.