4 hours agoThe poor Salvador diaspora leads nearly 10 times more remittances than our diaspora: Invested in Bitola
Periskopi(5 years ago)
(5 years ago)El Salvador's president, Nayib Boulee, is rapidly moving his pledge to adapt the bitkoins as legal currency, opening up a new geothermal pond that would use geothermal energy to power the Krisovalut mines. On Wednesday, Bukele tweeted that she had instructed the company [...]
On Wednesday, Bukele wrote on Twitter that she had directed the state-owned geothermal energy company to supply bitumen mines with <x0).
This will evolve quickly! ”
And indeed, just a few hours later, Bukle posted a video showing the new pond that was already dug, and that will offer 95 megawatts of energy.
El Salvador has already legally adopted the bitumen that will be used for transactions by becoming the first country to do so.
El Salvador is a poor country in Central America of some 6.5 million. This country has abandoned its currency, the colony, in 2001. This has made remittances from diasporas easier, making the economy more vulnerable to American pressure, sanctions or financial fluctuations beyond government control.
The money the Salvatore diaspora sends to El Salvador last year amounted to nearly $6 billion, making up about 30 percent of its economy. Kosovo diaspora would probably envy it after sending 800m euros to remittances last year. /Periscope
