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El Salvador’s Bukele says expects IMF deal after next year’s election

“I would expect the deal to come after the elections,” Bukele told reporters at a press conference, adding that the negotiations with the lender have been “very productive.”

Last week, a senior IMF official characterized the talks in the same way.

Rodrigo Valdes, director of the IMF’s Western Hemisphere Department, described a recent mission to El Salvador as “a first step” toward reaching an agreement, but suggested that disagreements remain.

At the time, Valdez did not specify a time-frame for reaching a deal.

El Salvador’s presidential and legislative elections are scheduled for next February, with local elections set for the following month.


Source: Economy - investing.com

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