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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.
RE: IMF "Urges El Salvador To Remove Bitcoin's Legal Status" - Why Now?