El Salvador’s post-review Bitcoin accumulation used no public funds: IMF

The IMF stated that El Salvador’s Bitcoin purchases made after its review were not funded with public treasury resources. The clarification rests on the Salvadoran government’s assertion that those acquisitions were financed through non-public sources. This reduces immediate fiscal-pressure arguments that public funds were diverted to crypto, potentially easing near-term scrutiny from international creditors. However, the country’s continued use of Bitcoin still exposes its sovereign balance sheet to cryptocurrency volatility and sustains medium-term macro-financial and reputational risks.