We need the El Slavador 1 billion USD BTC Bond to go through so they can pay off the 800 million USD IMF Loan that is due in 2025.
Then the IMF will have no influence on them.
You are viewing a single comment's thread from:
We need the El Slavador 1 billion USD BTC Bond to go through so they can pay off the 800 million USD IMF Loan that is due in 2025.
Then the IMF will have no influence on them.
I don't think the IMF allows governments to pay off loans, if they did that how would they confiscate business and buildings and infrastructure from them.
Only three years, I think El Salvador has a chance though. A chance to pay-off debt, and a good chance for some foreign government to institute a new drug war or government take down by the the people of course. But I think the people of El Salvador may be immune to that tactic by now.