El Salvador builds new national stadium in partnership with China, Bukele says in ‘surprise’ New Year’s Eve tweet

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2022-01-01 22:22:12

Construction will begin next year at the current site of the military school, which will be rebuilt elsewhere with twice the current capacity, the president said.

El Salvador will build a new national stadium in cooperation with China, President Nayib Bukele said in a Twitter post in Spanish on Friday.

  • “This is the direct cooperation of President Xi Jinping and a model of friendship between the people of China and El Salvador,” Bukele wrote on Twitter in Spanish, referring to Chinese President Xi Jinping. Jar.

  • The new stadium will have a real capacity for 50,000 fans to sit, Bukele said in the tweet. It will be built in the current location of the country’s military school, will be rebuilt elsewhere, and will have twice the current capacity. Bukele telegraphed the announcement in an earlier tweet.

  • El Salvador in September became the first – and only country to date – to designate a legal tender for bitcoin. “We have to break the patterns of the past,” Bukele said at the time. El Salvador has the right to advance to the first world.”

  • This decision is not without its critics. The International Monetary Fund (IMF) in November said bitcoin should not be used as legal tender in El Salvador and called on the Central American country to strengthen regulation and oversight of its newly formed payments ecosystem. create.

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