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IMF praises El Salvador's strong 2026 growth, approves $140M despite Bitcoin rule breach

Market News
02 Oct 2026, 02:01 WIB
Crypto Briefing
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Bullish
IMF praises El Salvador's strong 2026 growth, approves $140M despite Bitcoin rule breach

The IMF projects El Salvador's economy to grow 4.5% in 2026 after a strong 3.9% expansion in 2025, driven by investment, consumption, remittances, tourism, and improved security. The IMF approved a $138-140 million disbursement under a $1.4 billion program supporting fiscal reforms, despite the country breaching a Bitcoin accumulation condition, granting a waiver instead of halting funds. This positive outlook reflects strengthened fiscal policies and reduced crime, boosting investor confidence and economic stability.

El Salvador's economic outlook is strong with the IMF projecting 4.5% growth in 2026 following a 3.9% expansion in 2025. For readers following cryptocurrency markets, here is Pluang's market snapshot as of Oct 02, 2026 06:03 WIB: out of 50 major cryptocurrencies, 25 rose and 24 fell today. Notable movers include BAL (Balancer) up 11.14% at Rp16.297 with a typical hold time of 85 days, COTI up 8.60% at Rp252 with 83% sell order activity, and AAVE up 8.53% at Rp3.092.012 with 60% buy order activity and a typical hold time of 105 days.

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