IMF says bitcoin remains key element in El Salvador program talks

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Program talks between the International Monetary Fund and El Salvador focus on strengthening reforms, while addressing risks arising from the use of bitcoin remains a key element of the discussions, the IMF said on Thursday".

Representation of Bitcoin cryptocurrency is seen in this illustration taken January 11, 2024.

She added that El Salvador's 2025 budget proposal is a good step to strengthen public finances which needs strong implementation.

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Article Details

Category: EconomyBusiness

Markets: SingaporeEl Salvador

Topics: Strengthening Cryptocurrency Seen 2024 Bitcoin Public Experience Salvador Representation Illustration Mediacorp

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-03 @ 23:15:03 (7 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 162 words

Reading Time: 1 minutes read

Sentences: 7 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Channel News Asia

News ID: 22869332

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About Channel News Asia

Main Topics: EconomyBusiness

Official Website: channelnewsasia.com

Update Frequency: 24 posts per day

Year Established: 1999

Headquarters: Singapore

News Last Updated: 7 hours ago

Coverage Areas: Singapore

Ownership: Independent Company

Publication Timezone: GMT +8:00

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Publisher ID: #27

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