El Salvador Isn’t Buying Bitcoin With Public Money, Says IMF

The IMF reported that El Salvador has not used public funds to purchase bitcoin, indicating those acquisitions were not financed through the central government’s budget or public treasury. This reduces the immediate direct fiscal exposure of the state but does not eliminate broader macrofinancial, transparency, and legal concerns the IMF has highlighted about bitcoin adoption. The finding tempers short‑term sovereign fiscal risk but keeps investor and creditor scrutiny on El Salvador’s bitcoin policy. For Bitcoin, the report implies adoption remains primarily a political and market experiment with limited immediate drain on public coffers but continued reputational and regulatory implications.