Caracas: Venezuelan President Nicolas Maduro was formally declared the winner of the presidential election on Monday. This presidential election was mired in controversy for a number of causes. A day earlier, on Sunday, each the political opposition and the present president had claimed victory within the contest.

The Nationwide Electoral Council, which oversees the election, is taken into account loyal to Maduro. The Nationwide Electoral Council introduced his victory on Monday. After this announcement, President Nicolas Maduro has been given a six-year time period for the third time.

Venezuela has been fighting the issue of a deteriorating financial system in current instances. After the announcement of the Nationwide Electoral Council, the ministers of protection, communication and know-how and the pinnacle of the Nationwide Meeting welcomed the announcement by clapping.

After this announcement, Maduro mentioned in a nationally telecast ceremony that we now have by no means been motivated by hatred. Quite the opposite, we now have all the time been victims of highly effective individuals. He mentioned that an try was made to hold out a coup of a fascist and counter-revolutionary nature in Venezuela once more. We already know this film, and this time, there can be no weaknesses.