IMF Staff Statement on El Salvador
Aug 6, 2024 · An International Monetary Fund (IMF) mission led by Mr. Raphael Espinoza issued a statement following in person and virtual discussions over the past months with the Salvadoran authorities.
El Salvador and the IMF
On March 20, 2023, the Executive Board of the International Monetary Fund concluded the consideration of the 2023 Article IV of El Salvador. Under Article IV of its Articles of Agreement, the IMF has a mandate to exercise surveillance over the economic, financial and exchange rate policies of its members in order to ensure the effective ...
El Salvador’s Bitcoin Gambit Could Hit Speed Bump for $1.3B IMF …
2 days ago · El Salvador expects to reach a $1.3 billion loan deal with the IMF. The deal follows intense criticism from the IMF over the country’s Bitcoin experiment. President Bukele previously claimed the Bitcoin experiment had fallen below initial expectations. El Salvador’s controversial Bitcoin (BTC) experiment could soon be scaled back.
El Salvador plans Bitcoin policy changes to secure $1.3B IMF loan …
3 days ago · El Salvador expects to reach an agreement with the IMF on a $1.3 billion loan deal in return for changes to its Bitcoin Law, the Financial Times reported on Dec. 9, citing people familiar with the ...
El Salvador: Staff Concluding Statement of the 2023 Article IV ... - IMF
Feb 10, 2023 · Audits on pandemic-related emergency spending financed by the 2020 IMF Rapid Financing Instrument and the IDB emergency loan should be finalized in 2023. Chivo should be audited and the audit of the Bitcoin trust fund (FIDEBITCOIN) will be completed soon.
El Salvador to scale back bitcoin dreams to seal $1.3bn IMF deal
3 days ago · El Salvador to scale back bitcoin dreams to seal $1.3bn IMF deal. Subscribe to unlock this article ... Share News Tips Securely Individual Subscriptions Professional Subscriptions Republishing ...
El Salvador Sees Agreement for $1.4 Billion IMF Deal - Bloomberg
Nov 21, 2024 · El Salvador has a high chance of striking a staff-level agreement with the International Monetary Fund next month for about $1.4 billion, people familiar with the negotiations said.
IMF reports progress in El Salvador talks, flags Bitcoin risks
Aug 6, 2024 · The International Monetary Fund (IMF) on Tuesday said progress had been made in negotiations with El Salvador toward a fund-supported program with the Central American nation, though issues...
El Salvador Taps Bond Market as IMF Said to Visit Next Month
Nov 14, 2024 · Officials from the International Monetary Fund plan to visit El Salvador early next month as the two sides inch closer to agreeing on the terms for a potential loan program, according to people...
IMF Says Progress Made Toward Reaching Accord With El Salvador
Aug 6, 2024 · Bonds from El Salvador were the biggest gainers in emerging markets Wednesday after the International Monetary Fund said it reached “preliminary understandings” with the nation as they...
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