🇸🇻 International Praise for El Salvador's Economy Despite Bitcoin Bets
The International Monetary Fund praised El Salvador's strong economic performance, confirming that growth was stronger than expected, with real GDP likely reaching around 4%.
At the same time, the fund noted that negotiations regarding the sale of the government’s Chivo Bitcoin portfolio have reached advanced stages, in a move reflecting the government's direction to restructure its role in crypto projects while maintaining financial stability.
This development highlights El Salvador's ability to achieve a balance between embracing financial innovation and building trust with international institutions.
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