By Isaac • October 4, 2026 11:12 pm •
El Salvador has cleared another major review of its International Monetary Fund program, unlocking roughly $138 million while keeping strict limits around the country’s Bitcoin strategy.
The IMF Executive Board completed the second and third reviews of El Salvador’s 40-month Extended Fund Facility on October 1. The decision allows an immediate disbursement of SDR 101.96 million, or about $138 million, from a program worth roughly $1.4 billion.
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But the approval was not a clean endorsement of unrestricted Bitcoin accumulation. The International Monetary Fund said El Salvador missed certain performance criteria tied to Bitcoin accumulation.
The board granted waivers after corrective measures and renewed commitments from the government. It also said no further accumulation is expected beyond
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