IMF Approves $140 Million Loan Disbursement for El Salvador Following Bitcoin Reforms

The International Monetary Fund has reached an agreement with El Salvador to release $140 million in funding, contingent on the country's implementation of regulatory reforms related to its Bitcoin holdings.

5 Sept, 02:45 — 5 Sept, 02:45

Post Share

Sources

Showing 1 of 1 sources

tico-timesMixed10h ago

IMF Agrees to Unlock $140 Million for El Salvador After Bitcoin Reforms

The International Monetary Fund (IMF) announced that it had reached an agreement with El Salvador that could unlock a $140 million loan disbursement, after securing commitments related to Bitcoin. In September 2021, El Salvador became the first country in the world to adopt Bitcoin as legal tender alongside the U.S. dollar. Concerned about the risks […] The post IMF Agrees to Unlock $140 Million for El Salvador After Bitcoin Reforms appeared first on The Tico Times | Costa Rica News | Travel ...

By AFP

Read full article →

IMF Approves $140 Million Loan Disbursement for El Salvador Following Bitcoin Reforms

Sources

IMF Agrees to Unlock $140 Million for El Salvador After Bitcoin Reforms

Related Stories

Celebrities Rally at Zagreb Protest Against Political Corruption and Regional Neglect

Rade Šerbedžija Defends Identity as Serb From Lika Amid Nationalist Backlash

US Envoy Visits West Bank Town Amid Rising Settler Violence

Controversial Commemoration for Ratko Mladić Draws Outcry in Belgrade