The IMF gives $120.5 million to El Salvador after reaching a technical agreement to review its financial program
World1 source1 country🔦 Under-reported59m ago
The International Monetary Fund (IMF) and the government of El Salvador have reached a technical-level agreement regarding the second and third combined reviews of the country's Extended Fund Facility (EFF). As a result of this agreement, El Salvador is set to receive approximately 120.5 million dollars to support its financial program.
Separately, the government of Bolivia has submitted a proposal to its Legislative Assembly seeking approval for a 1.9 billion dollar credit line from the IMF. This funding is intended to support the implementation of a series of economic reforms within the country.
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How the coverage differs
Same story, different emphasis — here's what each outlet chose to lead with.
Infobae (Bolivia coverage)Focuses on legislative approval for a large-scale credit facility
Infobae (El Salvador coverage)Focuses on technical agreement and disbursement of IMF funds