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106 sats \ 1 reply \ @petertodd 27 Feb \ parent \ on: IMF Approves $1.4b for El Salvador and "confines" Bukele's Bitcoin purchases Politics_And_Law
If they get funds once they're probably thinking about getting more loans later... Also the funds are likely going to come in tranches. If they don't use them the way the IMF wants they'll get cut off.
Fact is Bitcoin isn't growing fast enough for El Salvador to ignore the IMF's offers.