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IMF completes program reviews for El Salvador and Argentina
The International Monetary Fund (IMF) has reached significant milestones in its economic programs for both El Salvador and Argentina.
In El Salvador, the IMF completed the second and third reviews of the country’s Extended Fund Facility (EFF), authorizing an immediate disbursement of approximately $138 million. The IMF noted that El Salvador’s economy has outperformed expectations, with a projected real GDP growth of 4.5% for 2026. Notably, the IMF granted a waiver regarding the country's breach of Bitcoin accumulation restrictions, acknowledging that recent increases were driven by private donations rather than public funds. The fund emphasized the need for continued fiscal reforms and transparency regarding crypto-assets.
In Argentina, a technical mission led by Joyce Wong has concluded its third review of the ongoing economic program. The mission analyzed public accounts, central bank reserves, and fiscal compliance. While the Argentine government has significantly exceeded its annual foreign currency purchase targets—buying over $14.2 billion against a $10 billion goal—the fiscal front remains a point of scrutiny. The government fell slightly below its primary surplus target during the first half of the year. A successful final approval by the IMF Executive Board could trigger a new disbursement of approximately $900 million to bolster central bank reserves.
Entities
Argentina · Central Bank of Argentina · Central Bank of the Argentine Republic · El Salvador · International Monetary Fund · Javier Milei · Joyce Wong · Luis Caputo
Claims
What the coverage asserts, and how many sources carry each claim.
- [● 9 SOURCES] Central Bank foreign currency purchases exceeded the annual target established in the program. tucumandigital.com.ar · infoparana.com.ar · labandadiario.com · www.mejorinformado.com · santotomealdia.com.ar · +3 more
- [DISPUTED] Presidential spokesperson Adrián Ravier stated that the government has met the targets established in the agreement. www.rionegro.com.ar · labandadiario.com · www.perfil.com · elintransigente.com
- [● 16 SOURCES] The IMF technical mission led by Joyce Wong has concluded its visit to Argentina for the third review of the economic program. tucumandigital.com.ar · eenergetica.com.ar · www.rionegro.com.ar · infoparana.com.ar · labandadiario.com · +11 more
- [● 8 SOURCES] The Argentine government fell below the primary surplus target during the first half of the year. tucumandigital.com.ar · labandadiario.com · www.mejorinformado.com · santotomealdia.com.ar · eenergetica.com.ar · +2 more
- [● 15 SOURCES] The mission analyzed public accounts, central bank reserves, and compliance with government commitments. tucumandigital.com.ar · www.mejorinformado.com · santotomealdia.com.ar · chacosintesis.com.ar · infoparana.com.ar · +10 more
- [● 14 SOURCES] A successful review in Argentina could enable a new disbursement of approximately $900 million. tucumandigital.com.ar · eenergetica.com.ar · www.rionegro.com.ar · infoparana.com.ar · labandadiario.com · +9 more
- [● 14 SOURCES] The IMF staff must draft a technical report for the Board to evaluate before funds can be released. eenergetica.com.ar · www.rionegro.com.ar · infoparana.com.ar · tucumandigital.com.ar · labandadiario.com · +9 more
- [● 11 SOURCES] Argentina recently made a payment of US$800 million to the IMF. eenergetica.com.ar · www.rionegro.com.ar · infoparana.com.ar · labandadiario.com · www.perfil.com · +5 more
- [● 5 SOURCES] The IMF completed the second and third reviews of El Salvador’s Extended Fund Facility (EFF) program. blockchainseoul.kr · www.centroamerica360.com · elsalvadorinenglish.com · cryptobriefing.com · diariolahuella.com
- [● 6 SOURCES] The Argentine Central Bank exceeded its annual foreign currency purchase target, buying over $14.2 billion. infoparana.com.ar · tucumandigital.com.ar · labandadiario.com · www.mejorinformado.com · www.primerafuente.com.ar · +1 more
- [● 4 SOURCES] The IMF projects El Salvador’s real GDP growth to be 4.5% in 2026. blockchainseoul.kr · elsalvadorinenglish.com · www.tokenpost.kr · cryptobriefing.com
- [● 4 SOURCES] The IMF approved a disbursement of approximately $138 million to El Salvador. blockchainseoul.kr · www.centroamerica360.com · elsalvadorinenglish.com · diariolahuella.com