The International Monetary Fund (IMF) has confirmed that El Salvador 🇸🇻 is still maintaining its commitment not to accumulate Bitcoin through the fiscal sector. Mr. Rodrigo Valdés, the IMF's Director for the Western Hemisphere, stated that El Salvador continues to comply with this performance criterion, thereby reaffirming the agreement with the IMF.
However, El Salvador's President 🇸🇻 Nayib Bukele declared last month that they would not stop purchasing Bitcoin and would continue the DCA strategy up to yesterday, so it is also unclear why the IMF said that El Salvador is complying... There may be some sort of "loophole," meaning they are buying without using funds from the "fiscal sector," or it could just be fake news 🤷♂️