2018-7-6 06:36 |
The Venezuelan Minister of Habitat and Housing Ildemaro Villarroel has announced that the country’s government is planning to fund the construction of houses for the homeless with the national cryptocurrency Petro, Criptotendencia reports Thursday, June 5.
The government will fund a project called the “Great Mission for Venezuela Housing (GMVV),” which aims to make quality housing more accessible to the homeless.
According to the GMVV website, the government has finished more than 2 million houses to date.
Another official cited by Criptotendencia said that the Petro creates a “protective shield” for house construction.
This is not the first government social initiative in Venezuela funded by the national oil-based cryptocurrency Petro.