According to ChainCatcher, the International Monetary Fund (IMF) has approved El Salvador's compliance with conditions to continue receiving loans, confirming that the country has performed strongly in implementing its economic reform plan. Despite El Salvador's ongoing purchases of Bitcoin, the IMF will still disburse the next loan of $120 million. Luis Cubeddu, Deputy Director of the IMF's Western Hemisphere Department, and Ivan Torres, head of the IMF mission in El Salvador, stated: 'Most of the program objectives set for the first review were easily met, and the implementation of structural benchmarks is also progressing well.'

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