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IMFSaysElSalvadorBTCNoPublicFunds
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#IMFSaysElSalvadorBTCNoPublicFunds IMF Says El Salvador Used No Public Funds for Recent Bitcoin Accumulation The International Monetary Fund (IMF) says El Salvador has not used public funds to accumulate Bitcoin since June 2025. According to the IMF, documentation provided by Salvadoran authorities shows that Bitcoin added to the country’s holdings during this period came from private donations rather than government resources. � IMF +1 The disclosure came as IMF staff reached a staff-level agreement on the combined second and third reviews of El Salvador’s $1.4 billion Extended Fund Facility program. Subject to approval by the IMF Executive Board and completion of required actions, the agreement could unlock about $140 million in additional financing. � IMF The IMF also said El Salvador is working to improve transparency around Bitcoin holdings across different wallets. Meanwhile, public participation in the government’s Chivo e-wallet has been substantially reduced, with majority ownership and operational control transferred to a private operator while the government retains a minority stake and custody responsibilities for customer assets. � IMF The IMF further expects no additional Bitcoin accumulation beyond the documented private donations going forward. � IMF Key takeaway: The IMF's latest assessment supports El Salvador's claim that its recent Bitcoin accumulation was funded privately, not through public money—an important distinction as the country continues restructuring its Bitcoin policy under its IMF program.$AAPLB $NVDA.US
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