IMF Approves $139M for El Salvador and Eases Bitcoin Accumulation Limits
Key Facts
The International Monetary Fund has approved a $139 million allocation for El Salvador following the completion of the second and third reviews of the country's Extended Fund Facility. Reuters reported on October 1, 2026, that the IMF granted an exemption regarding restrictions on Bitcoin accumulation, allowing the disbursement to proceed despite previous program breaches.
The funding provides El Salvador with immediate fiscal flexibility while maintaining its access to IMF credit facilities, which offer lower borrowing costs than sovereign bond markets. This decision follows a staff-level agreement reached in September 2026, suggesting the waiver was a negotiated element of the review process regarding the nation's digital asset policies.