CARACAS – Venezuela’s President Nicolas Maduro said on Wednesday that his government made international purchases of school supplies and raw materials worth US$200 million with the petro cryptocurrency, banned by the United States and declared illegal by the opposition-led Venezuelan Congress.
Maduro, at a business event that was a mandatory broadcast on radio and television channels, said that his government bought raw materials and school supplies – pencils and notebooks – from international companies using the petro currency.
“There are those who called the petro a lie. But if it were so why do they sanction it, why would they persecute it?” Maduro asked.
“The petro is a reality and we have been doing international negotiations with economies, governments, states and strong companies, which will allow us to