The Inter-American Development Bank (IDB) will lend El Salvador $500 million to shore up its budget as the Central American ...
On March 20, 2023, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with El Salvador.
The loan carries a seven-year maturity with a three-year grace period and will accrue interest at a rate linked to the ...
Opposition party criticizes Bukele's Bitcoin stance, warning it could destabilize El Salvador's economy despite receiving IMF loans.
WASHINGTON: El Salvador reached a deal with the International Monetary Fund (IMF) after four years of negotiations that were strained by the country’s adoption of bitcoin as a legal tender.
El Salvador is unfazed by concerns around its Bitcoin reserve following a recent agreement with the IMF to concede some of ...
El Salvador recently reached a financial agreement with the IMF aimed at stabilizing the country’s economy and strengthening its fiscal position. Given the IMF’s historically cautious stance on ...
will lend El Salvador $500 million to shore up its budget as the Central American nation carries out structural reforms stipulated under a recent deal with the International Monetary Fund (IMF ...