IMF Approves El Salvador’s Second and Third Reviews as Economy Outperforms Expectations

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Washington, Oct 1 (EFE).- The International Monetary Fund (IMF) approved on Thursday the second and third revision of the economic program of El Salvador, which allows to release some 138 million dollars and raises to approximately 690 million the resources disbursed so far under the agreement of 1.4 billion dollars. The agency has emphasized, in a statement, that the Salvadoran economy has exceeded its forecasts and calculates a growth of the g…

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IMF cites improved security and investor confidence by highlighting El Salvador's economy and releases $138 million more to the country.

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The IMF concluded two revisions to the $1.4 billion agreement with El Salvador and authorized a $138 million disbursement. The post IMF authorizes an immediate $138 million disbursement for El Salvador appeared first on TCS Now - Noticias El Salvador.