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Nayib Bukele, the pro-Bitcoin leader of El Salvador, is poised to secure a second term in office, based on exit poll information released on February 5.
The information reveals that Bukele’s party, Nueva (New) Ideas, has achieved a substantial 87% of the votes, while his nearest rivals, Manuel Flores and Joel Sanchez, have received only 7% and 4% of the votes, respectively.
Bukele himself posted the exit poll findings on X, conveying assurance in his party’s success. He mentioned that their internal data indicates he is winning the election with over 85% of the votes and obtaining at least 58 out of 60 deputies in the assembly.
De acuerdo a nuestros números, hemos ganado la elección presidencial con más del 85% de los votos y un mínimo de 58 de 60 diputados de la Asamblea.
El récord en toda la historia democrática del mundo.
Nos vemos a las 9pm frente al Palacio Nacional.
Dios bendiga a El Salvador.
— Nayib Bukele (@nayibbukele) February 5, 2024
Bukele has attracted global attention for his fervent advocacy of Bitcoin and his initiatives to establish it as legal tender in El Salvador.
See Also: Bitfinex Launches Securities Platform in El Salvador
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He has also led various Bitcoin-related projects in the nation, including the Volcano Bond and the development of a tax-free Bitcoin City.
Nonetheless, Bukele’s pursuit of a second term has faced scrutiny. Detractors contend that the nation’s constitution bars him from seeking immediate re-election.
Salvadoran attorney Alfonso Fajardo has highlighted that the constitution forbids presidential re-election for up to seven terms.
Despite these obstacles, Bukele continues to be a favored figure in El Salvador, recognized for decreasing crime rates and enhancing the nation’s economy.
Some analysts suggest that El Salvador has the potential to evolve into the “Singapore of the Americas,” drawing in investment capital and immigration in the years ahead.
#Binance #WRITE2EARN
The post El Salvador’s Nayib Bukele Set To Be Re-elected For Second Term As President appeared first on BitcoinWorld.
