The International Monetary Fund approved a disbursement of SDR 101.96 million, or about $138 million, to El Salvador under its $1.4 billion, 40-month financing program despite a missed condition related to Bitcoin accumulation. The IMF Executive Board completed the second and third reviews of the Extended Fund Facility and granted waivers based on corrective measures and renewed commitments. El Salvador’s economy performed better than expected, supported by improved security and stronger investor confidence, while fiscal consolidation broadly remained on track and reserve and liquidity buffers strengthened. The IMF said the government is not expected to accumulate additional Bitcoin beyond documented donations and is working to reduce its role in Bitcoin-related activities, improve transparency around public-sector crypto-asset holdings and strengthen regulation and governance. The lender confirmed that 1,090 Bitcoin disclosed by El Salvador in November 2025 had come from private donations rather than public funds. Majority ownership and operational control of the Chivo wallet have been transferred to a private operator, while the government retains a minority stake and custodial responsibility. The program still requires reforms involving public finances, external reserves, financial-sector resilience, pensions, civil service, governance, beneficial-ownership disclosures, asset declarations and anti-money-laundering rules.