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Events in the year 2025 in El Salvador. Incumbents. President: Nayib Bukele; Vice President: Félix Ulloa; Holidays. Source: [1] [2] 1 January — New Year's Day;
El Salvador's economy is expected to grow 3% this year, according to the International Monetary Fund, but it has a heavy debt burden that hit a level of around 85% of gross domestic product ...
El Salvador will likely dial down bitcoin's role as a legal tender in exchange for a $1.3 billion loan from the International Monetary Fund, The Financial Times reported.
Fiscal policy has been one of the biggest challenges for the Salvadoran government. In December 1999, net international reserves equaled US$1.8 billion. Having this hard currency buffer to work with, the Salvadoran government undertook a monetary integration plan beginning in January 2001 by which the U.S. dollar became legal tender alongside the Salvadoran colón, and all formal accounting ...
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During November 4–8 of 2019, the I.M.F. met in San Salvador to plan the 2020 budget as well as draft a plan to assist with the country's overall growth. Alina Carare, who led this mission, released a statement that demonstrated the positive growth El Salvador has seen over the past “The economy grew 2.2 percent in the first half of the year ...
With a carefully orchestrated public profile, the president of El Salvador claims sky-high popularity after jailing gangs. The reality is more complicated. Bukele claims he cleaned up El Salvador.
'Nayibtracker.com,' an unofficial website tracking El Salvador's bitcoin portfolio based on Bukele's social media, puts it at $121.6 million on an initial $119.8 million investment, a 1.5% return.