The IMF's so-called "article IV" visit has been sharply critical in the past. El Salvador's move to make bitcoin legal tender in September 2021 effectively closed the doors to IMF financing. (Reporting by Brendan O'Boyle, Kylie Madry and Rodrigo Campos; Editing by Anthony Esposito)
Feb 10 (Reuters) - El Salvador should address the risks
posed by its adoption of bitcoin as legal tender, the
International Monetary Fund (IMF) said Friday in a statement
following an annual visit to the Central American country.
The visit by IMF staff followed a $600 million bond payment
by El Salvador last month amid investor concerns over its
financing sources and fiscal policy.
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