Market
What will be the primary use of IMF loan funds by El Salvador by June 30, 2025?
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Resolution / Starting Odds
Debt repayment • 25%
Infrastructure projects • 25%
Social programs • 25%
Other • 25%
El Salvador government budget reports or official statements
Story
El Salvador Agrees to Voluntary Bitcoin Acceptance for $1.3B IMF Deal
Dec 9, 2024, 12:35 PM
El Salvador is set to scale back its pioneering use of Bitcoin as legal tender in order to secure a $1.3 billion loan from the International Monetary Fund (IMF). The country expects to finalize the deal within the next two to three weeks by agreeing to make Bitcoin acceptance voluntary for businesses, instead of mandatory. This move is part of the conditions set by the IMF to unlock additional international lending for El Salvador.
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Increased GDP growth • 25%
No significant impact • 25%
Improved fiscal balance • 25%
Reduced inflation • 25%
Increasing foreign investment • 25%
Other • 25%
Enhancing social welfare programs • 25%
Reducing public debt • 25%
No • 50%
Yes • 50%
Yes • 50%
No • 50%
Debt reduction • 25%
Increased GDP growth • 25%
Reduced inflation • 25%
No significant impact • 25%
Yes • 50%
No • 50%
Loan not secured • 25%
Loan secured without Bitcoin policy change • 25%
Loan secured with Bitcoin policy change • 25%
Negotiations ongoing • 25%