IMF Approves El Salvador’s Second and Third Reviews as Economy Outperforms Expectations
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11 Articles
Washington, Oct 1 (EFE).- The International Monetary Fund (IMF) approved on Thursday the second and third revision of the economic program of El Salvador, which allows to release some 138 million dollars and raises to approximately 690 million the resources disbursed so far under the agreement of 1.4 billion dollars. The agency has emphasized, in a statement, that the Salvadoran economy has exceeded its forecasts and calculates a growth of the g…
IMF Approves El Salvador Funds After Waiver for Bitcoin Breach
The IMF concluded two revisions to the $1.4 billion agreement with El Salvador and authorized a $138 million disbursement. The post IMF authorizes an immediate $138 million disbursement for El Salvador appeared first on TCS Now - Noticias El Salvador.
President Nayib Bukele shared information on the decision of the Executive Board of the International Monetary Fund (IMF) to complete the second and third revision of the Fund's Expanded Service Agreement (SAF) for El Salvador. With the approval of these revisions, the country will have an immediate disbursement of 101.96 million Special Drawing Rights (SDRs) [...]
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