IMF cites security improvements in praising El Salvador's economy
IMF cites security improvements and investor confidence in highlighting El Salvador's economy and releases an additional US$138 million to the country.
TL;DR
- El Salvador's economy is performing above expectations, with sustained improvements in security and investor confidence contributing to growth.
- The IMF has released about US$138 million to El Salvador, part of a US$1.4 billion financing agreement approved in 2025.
- Fiscal adjustments made by the government are in line with the agreement's objectives, and reserves are above target.
- Despite economic praise, the IMF remains concerned about El Salvador's use of Bitcoin and has noted a non-compliance related to public sector Bitcoin holdings.
- El Salvador's government claims the increase in public Bitcoin holdings came from private donations, not public funds, and has provided documentation to the IMF.