El Salvador's Bukele says expects IMF deal after next year's election
Oct 20, 2023 · Salvadoran President Nayib Bukele said on Thursday he expects to reach an agreement with the International Monetary Fund (IMF) over a new financing program after next year's general elections,...
El Salvador strikes $1.4bn IMF deal after scaling back Bitcoin ... - BBC
Dec 19, 2024 · The IMF had opposed the Salvadorean President Nayib Bukele's crypto-friendly policies, warning they could become an obstacle to it offering financial assistance. Still, Bukele celebrated on...
IMF Reaches Agreement with El Salvador for $1.4 Billion Loan
Dec 18, 2024 · The Central American nation and the Washington-based lender agreed on a $1.4 billion loan program to be disbursed over 40 months, according to a statement by the IMF. In exchange, El Salvador had agreed to adopt measures that will improve its primary balance and help cut its debt-to-GDP ratio.
El Salvador Sees IMF Agreement for About $1.4 Billion Next …
Nov 22, 2024 · President Nayib Bukele is seeking to finalize terms for the three-year program after staff from the Washington-based lender visits the country in December, according to the people, who spoke on the condition of anonymity because the agreement has not been finalized.
El Salvador Sees IMF Agreement for About $1.4 Billion Next Month
Nov 21, 2024 · Separate to the IMF funds, El Salvador would be eligible for additional loans of about $1 billion from the World Bank and about $800 million from the Inter-American Development Bank, the person said. Bukele’s government has repeatedly talked up the likelihood of a deal in the three years since negotiations started.
Lawmakers in El Salvador rush new bitcoin reform after IMF deal
1 day ago · SAN SALVADOR, Jan 29 (Reuters) - El Salvador's Congress on Wednesday swiftly approved a bill sent just minutes earlier by President Nayib Bukele to amend its bitcoin law to comply with a deal with ...
El Salvador says it will keep buying bitcoin despite IMF warning
Dec 19, 2024 · On Wednesday, El Salvador struck a $1.4 billion loan deal with the IMF, as part of which the government of President Nayib Bukele agreed that it would scale back its bitcoin policies.
El Salvador's Bukele says expects IMF deal after next year's election
Oct 20, 2023 · SAN LUIS DE LA REINA, El Salvador - Salvadoran President Nayib Bukele said on Thursday he expects to reach an agreement with the International Monetary Fund (IMF) over a new financing program...
El Salvador to scale back bitcoin dreams to seal $1.3bn IMF deal
Dec 9, 2024 · An IMF mission has arrived in San Salvador to finalise details of the agreement with President Nayib Bukele’s government. The deal was expected to unlock another $1bn of lending from the World...
El Salvador to Change Bitcoin Law as Part of New IMF Deal: FT
Dec 9, 2024 · El Salvador may soon strike a deal with the IMF. The agreement would reportedly involve El Salvador making bitcoin acceptance among Salvadoran merchants voluntary instead of compulsory.
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