The IMF often faces criticism that it bows to big shareholders that often are also large lenders to countries in trouble. In October, Brent Neiman, the US Treasury Assistant Secretary for ...
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Nayib Bukele’s El Salvador has turned into a far-right success story with BitcoinNayib Bukele has turned El Salvador into a country unlike any other, blending authoritarianism with digital innovation. The ...
It is an article of faith among many IMF critics that industrial country taxpayers bear the costs of IMF loans—the critics call them "bailouts"—to countries in crisis. The standard scenario is ...
Getty Images After it received bailout loans from the IMF, Greece had to make significant changes to its economy. Critics said the austerity policy which the IMF insisted Greece followed ...
As a result, President Santiago Peña signed into law the law approving a US$ 400 million credit line with the IMF to shore up the 2025 budget amid heavy criticism. Law 7412 ”approves a ...
El Salvador continues to defy global financial norms by expanding its Bitcoin reserves, adding 11 BTC to its holdingsdespite ...
El Salvador has agreed to scale back its crypto agenda in exchange for a $1.4 billion loan from the International Monetary Fund (IMF), marking a shift in the country's quest to become a global ...
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El Salvador’s Bitcoin Gambit Could Hit Speed Bump for $1.3B IMF DealEl Salvador expects to reach a $1.3 billion loan deal with the IMF. The deal follows intense criticism from the IMF over the country’s Bitcoin experiment. President Bukele previously claimed the ...
The IMF’s in-house watchdog has criticised the fund over a lack of consistency in some of its biggest bailouts of the past two decades, calling on officials to address claims they succumb to political ...
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