Nayib Bukele, the president of El Salvador, has submitted his candidature for reelection in the February 2024 presidential election. After being officially nominated by his party on October 26, Bukele, an enthusiast for Bitcoin, garnered a lot of support from the general public. He said in a speech that the nation needs five more years to keep becoming better.
As his political party, Nueva Ideas, overthrew three decades of two-party supremacy in 2019, Bukele gained prominence. Despite his widespread support, detractors contend that Bukele is not allowed to run for office a second time in a row under the nation’s constitution. Nonetheless, the Supreme Court of El Salvador decided in September 2021 that a president may contest twice in a row. A university in El Salvador conducted a research that found that 70% of voters in the nation support Bukele’s party, New Ideas.
The government of Bukele has enacted tech-friendly laws, such as the removal of taxes on technology advancements, and in September 2021, it legalised Bitcoin as money. His anti-MS-13 gang campaign has also contributed to his popularity, as it has significantly decreased the nation’s homicide rate. Nonetheless, the UN and other opponents contend that El Salvador violated human rights legislation by detaining 65,000 individuals without granting them the ability to self-defense. The date of the presidential election is set on February 4, 2024.