El Salvador’s economy performs strongly, IMF says, as Bitcoin waiver clears the way for funding

The IMF said El Salvador’s economy is performing strongly and approved a waiver that removes an obstacle to continued funding. The decision follows the country’s agreement to limit public-sector Bitcoin involvement, including ending Bitcoin’s status as legal tender for public payments and reducing government purchases. The waiver supports access to IMF financing, while signaling that further funding remains tied to curbs on the state’s Bitcoin exposure.