El Salvador's Bukele says expects IMF deal after next year's election
Oct 20, 2023 · Salvadoran President Nayib Bukele said on Thursday he expects to reach an agreement with the International Monetary Fund (IMF) over a new financing program after next …
El Salvador Bends the Knee on Bitcoin, Complies With IMF
1 day ago · However, the IMF had long raised concerns about Bitcoin’s price volatility and limited adoption. Despite these warnings, President Nayib Bukele mocked the IMF’s stance , insisting …
El Salvador quickly approves Bitcoin law to comply with the IMF
President Bukele initiates crackdown on misuse of government funds. In other developments, Nayib Bukele revealed in an X post on Thursday that he sent the Anti-Corrution Law proposal …
El Salvador strikes $1.4bn IMF deal after scaling back Bitcoin ... - BBC
Dec 19, 2024 · The IMF had opposed the Salvadorean President Nayib Bukele's crypto-friendly policies, warning they could become an obstacle to it offering financial assistance. Still, Bukele …
El Salvador says it will keep buying bitcoin despite IMF warning
Dec 19, 2024 · On Wednesday, El Salvador struck a $1.4 billion loan deal with the IMF, as part of which the government of President Nayib Bukele agreed that it would scale back its bitcoin …
IMF Pushes El Salvador To Narrow Bitcoin Law For Funding - Forbes
Oct 4, 2024 · President Nayib Bukele announced this strategy through his X account. Even being an important demand from the IMF, the new comments underscore the shift in the fund’s …
Bitcoin Country No More? El Salvador Bends To Secure IMF Loan
Dec 19, 2024 · El Salvador, also often called "Bitcoin country," has finally reached a "staff-level agreement" to secure a multi-billion-dollar funding package from the International Monetary …
El Salvador Sees IMF Agreement for About $1.4 Billion Next …
Nov 22, 2024 · President Nayib Bukele is seeking to finalize terms for the three-year program after staff from the Washington-based lender visits the country in December, according to the …
How Nayib Bukele Played the IMF with Bitcoin Bargaining Chip
Dec 18, 2024 · President Nayib Bukele has agreed to reform the Bitcoin Law to access a US$1.3 billion loan from the International Monetary Fund (IMF).
El Salvador to Change Bitcoin Law as Part of New IMF Deal: FT
Dec 9, 2024 · El Salvador may soon strike a deal with the IMF. The agreement would reportedly involve El Salvador making bitcoin acceptance among Salvadoran merchants voluntary …
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