El Salvador Passes IMF Review with Strong Performance
- The IMF reached a staff-level consensus on El Salvador’s performance.
- El Salvador met conditions required for a new disbursement from the IMF.
- Efforts will ensure that the total amount of bitcoin owned remains unchanged.
- The review highlighted El Salvador’s strong performance despite bitcoin purchases.
El Salvador successfully passed the IMF review, demonstrating strong performance and meeting necessary conditions for a new disbursement. Efforts are being made to maintain the current level of bitcoin holdings.
Source (2.6)https://news.bitcoin.com/el-salvador-passes-imf-review-with-flying-colors-despite-its-bitcoin-purchases/?rand=52384