The International Monetary Fund completed its second and third reviews of El Salvador’s program, authorizing an immediate disbursement of SDR 101.96 million, approximately $138 million. El Salvador secured a waiver for a missed Bitcoin accumulation performance criterion and committed to no further accumulation beyond documented donations. The 40-month Extended Fund Facility, approved on February 26, 2025, provides total access of about $1.4 billion and also formalized the transfer of majority ownership of Chivo to a private operator. Real GDP growth is estimated at 3.9% for 2025 and projected at 4.5% for 2026, with gross international reserves projected to reach $5.346 billion in 2026.
Source: Read the original article
Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
