El Salvador Continues Bitcoin Purchases Amid IMF Loan Agreement
- El Salvador is reportedly continuing to buy Bitcoin despite a loan agreement with the IMF.
- Maria Luisa Hayem, the economy minister, confirmed ongoing Bitcoin accumulation as a reserve asset.
- The IMF loan agreement included a $1.4 billion funding package requiring fiscal reforms.
- Rodrigo Valdes of the IMF stated that El Salvador remains within its “performance criteria” despite purchases.
- The focus of El Salvador’s program includes structural reforms and increased transparency, beyond just Bitcoin.
El Salvador’s commitment to accumulating Bitcoin continues, with Maria Luisa Hayem affirming it as an important project. Despite recent purchases, the country complies with IMF performance criteria linked to their $1.4 billion loan agreement.
Source (2.6)https://dailyhodl.com/2025/05/01/el-salvadors-economy-minister-says-bitcoin-accumulation-spree-an-important-project-despite-imf-deal-report/?rand=59076
