IMF approves a $1.4B loan for El Salvador with policy changes addressing Bitcoin risks and aims to boost economic growth and governance.
A lilac sky looms over the black sand beach. The sun has yet to beam its early, yet blistering, teeth over the nearby cliffside. Tropical birds chirp in frenzied unison to greet the day, as the rosy-hued lizards scamper to their daytime hideaways. Already, pre-dawn, surfers begin to flock the lineup.
The IMF has approved a new arrangement of funds equivalent to $1.4 billion for El Salvador, which also includes restrictions regarding bitcoin, according to a statement on Thursday. The arrangement has a 40-month duration, with an immediate disbursement equivalent to around $113 million.
El Salvador has finally begun building “Bitcoin City Airport,” an air transport hub that will supposedly one day link Bitcoin City to the rest of the
The IMF Executive Board approved a new 40-month arrangement under the Extended Fund Facility (EFF) for El Salvador, with access equivalent to US.4 billion. The Board’s decision allows the authorities an immediate disbursement equivalent to around US$113 million.
Lozano, who is wanted in his native country on a spate of murder charges, was nabbed on Tuesday in Seattle, ICE said.
El Salvador have named Hernan Dario Gomez as manager, the country's FA (FESFUT) said on Tuesday, hoping the Colombian can lead them to a third World Cup next year in the United States, Mexico and Canada.
El Salvador resumes Bitcoin acquisitions, buying 7 BTC after DCA pause. Nation now holds 6,088 BTC following IMF deal changes.
Secretary of State Marco Rubio announced last week that President Nayib Bukele of El Salvador had agreed to accept deportees from the U.S. convicted of crimes, and also offered to house incarcerated Americans in El Salvador's prisons.
Human Rights Watch (HRW), in a Monday release, claimed that a new El Salvador law, which transfers incarcerated children to the adult prison system, violates international juvenile justice
After a lifetime of cooking flavorful, traditional Salvadoran food for their family and friends, Ana and Sal Garcia are pursuing their dream of a full-fledged restaurant, Mami’s Kitchen.
Hernan Dario Gomez has been named El Salvador coach. The Salvadoran Football Federation made the news official at a press conference on Monday. The 69-year-old has been tasked with qualifying El Salvador for the FIFA World Cup 26™ in Canada, Mexico and the USA.
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