The International Monetary Fund (IMF) announced that it continues to comply with the commitment to stop the accumulation of Bitcoin (BTC) in the public sector, which is an important performance target set in the agreement made with El Salvador.
Speaking on the subject, IMF Deputy Managing Director Rodrigo Valdés stated that El Salvador’s economic program extends far beyond Bitcoin.
Valdés said, “As for El Salvador, let me say that I can confirm that they continue to comply with the commitment of the general financial sector, which is the performance criterion we have, not to accumulate bitcoin,” and added:
“However, beyond that, I think this is very important for the discussion in El Salvador. El Salvador’s program is not about Bitcoin. It is much more about structural reforms, in terms of governance, in terms of transparency, much deeper. There is a lot of progress here. Also in financial matters. The authorities are making significant progress in implementing the reforms.”
The IMF pointed out that El Salvador has taken meaningful steps to strengthen its economic framework by highlighting ongoing developments in governance, financial transparency, and broader structural reforms.
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