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#Extended Fund Facility

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El Salvador’s $666M Bitcoin Reserve Survives IMF Review
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El Salvador’s $666M Bitcoin Reserve Survives IMF Review

Key Highlights: El Salvador holds approximately 7,794.37 Bitcoin, valued at around $666.1 million, under continued scrutiny from the International Monetary Fund (IMF). A recent IMF program review granted a waiver while maintaining strict limits on public-funded Bitcoin purchases and requiring further structural reforms. The administration of President Nayib Bukele has transferred majority control of the ...

IMF Grants El Salvador Waiver Amid Bitcoin Adoption
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IMF Grants El Salvador Waiver Amid Bitcoin Adoption

Key Highlights The IMF approved a waiver allowing El Salvador to receive a $139 million disbursement under its $1.4 billion Extended Fund Facility. El Salvador holds more than 7,600 BTC, worth approximately $500 million, despite sharply declining Bitcoin transaction activity. The IMF has urged the government not to accumulate more Bitcoin and to transfer its ...