IMF Makes $138 Million Available to El Salvador After Waiver

The International Monetary Fund’s Executive Board completed reviews of El Salvador’s lending program on October 1, 2026, and made about $138 million available after waiving missed conditions, including one related to Bitcoin accumulation. The decision allows financing to continue under the country’s $1.4 billion Extended Fund Facility, while the IMF says further Bitcoin accumulation is not expected beyond documented donations. The approved disbursement is SDR 101.96 million, which the IMF valued at about $138 million. Reports gave somewhat different rounded dollar equivalents, including $139 million, but described the same Board decision. The IMF said the waivers followed corrective measures and renewed commitments from Salvadoran authorities. The available information does not establish that the waiver permits a return to government-funded Bitcoin purchases. The IMF said documentation supplied by El Salvador attributed Bitcoin additions to private donations and indicated that no public resources were used. Donor identities and individual donation amounts have not been made public, leaving the provenance difficult to assess independently.