El Salvador Government Still Floats Possibility of IMF Deal episode artwork

EPISODE · Jul 14, 2022 · 8 MIN

El Salvador Government Still Floats Possibility of IMF Deal

from Central America in Minutes · host El Faro English

Bukele’s government told Wall Street investors in March that it hasn't totally ruled out a deal with the IMF to avoid default, offering backup plans B and C. All scenarios involve massive credits from regional development banks and, somehow, squeezing more tax revenue despite an aching global economy nearing recession. Only one of them included the expected but controversial pension nationalization.

Episode metadata supplied by the publisher feed · Published Jul 14, 2022

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El Salvador Government Still Floats Possibility of IMF Deal

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