$1,7 bln from the total amount was spent on food and industrial resources, and another $1 bln will be forwarded to country’s Central bank for further sales through auctions of DICOM system. Petrol-based El Petro was launched on 20th of February this year, and by the end of March President Nicolas Maduro announced about the development of four exclusive economic areas, where El Petro can be used to buy or sell products or services.