AGP Executive Report
Last update: 11 hours agoIMF & Bitcoin: The IMF completed El Salvador’s second and third reviews and approved an immediate SDR 101.96 million (about $138M) disbursement after granting a waiver over a missed Bitcoin accumulation performance condition, with El Salvador saying no further accumulation is planned beyond documented donations. Economy Watch: The IMF also pointed to stronger-than-expected growth, projecting 4.5% for 2026, alongside progress on fiscal consolidation and financial reforms. Bitcoin Strategy Debate: El Salvador’s National Bitcoin Office pushed back on claims of a stablecoin shift, reiterating “Bitcoin-only” plans and noting Chivo’s operations moved to a private operator while the state keeps a minority stake. Climate Risk: UNICEF warned El Niño is putting 25.8 million children across Latin America at growing risk, with drought hitting harvests in Central America including El Salvador. Regional Cooperation: Central American maritime administrations started work on a regional maritime strategy with IMO support, including El Salvador, to coordinate priorities and an implementation roadmap. Tech Push: El Salvador is expanding its AI strategy into robotics and advanced digital infrastructure, including data-center and energy components.
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