El Salvador pro-Bitcoin president Nayib Bukele launches re-election bid
El Salvador president Nayib Bukele has filed paperwork to be re-elected in the country’s upcoming 2024 presidential election in February.
Bukele, a Bitcoin advocate, received strong support from the public on Oct. 26 after he was officially nominated by his party to run for re-election.
“Five more [years], five more and not one step back,” Bukele said in a speech in front of thousands of El Salvadorans. “We need five years to continue improving our country,” he added.
| ÚLTIMA HORA: Al grito de “cinco más, cinco más y ni un paso atrás” Nayib Bukele da su discurso delante de miles de Salvadoreños luego de inscribir su candidatura presidencial para la reelección. “Necesitamos 5 años para seguir mejorando nuestro país.” pic.twitter.com/ApaP8yyQBm
Bukele rose to power in 2019 when his political party, Neuva (New) Ideas, broke three decades of two-party dominance between the Nationalist Republican Alliance and the Farabundo Martí National Liberation Front (FMNLB).
However, despite his popularity among the local population, critics such as El Salvadoran lawyer Alfonso Fajardo maintain that the country’s constitution prohibits Bukele isn’t eligible to seek a second consecutive term.
“Today is a good day to remember that immediate presidential re-election is prohibited up to 7 times by the Constitution,” he said on Oct. 26.
Nayib Bukele is running for reelection in El Salvador despite the fact that it’s prohibited in 7 articles of the constitution. The constitution drafted after our peace accords, after our bloody civil war. This is unconstitutional. https://t.co/ordgib7WMq
However, in September 2021, El Salvador’s Supreme Court ruled that presidents can run for consecutive elections.
New Ideas is backed by 70% of the country’s voting
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