IMF praises El Salvador’s 4% GDP growth as bitcoin tensions ease

The International Monetary Fund (IMF) praised El Salvador’s stronger-than-expected economic growth in a statement on Monday. The update notably did not include previous IMF suggestions that El Salvador would be putting on hold its strategy of accumulating bitcoin BTC$87,736.43, something that country — under the leadership of President Nayib Bukele — has continued to do…

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OBR chief’s exit may ease pressure on Rachel Reeves but the battle isn’t over | Office for Budget Responsibility

Had Richard Hughes not resigned as boss of the Office for Budget Responsibility (OBR) on Monday amid the indignation over the accidental publication of Rachel Reeves’s budget, the Treasury might now be under pressure over the tsunami of leaks that preceded it. The OBR’s David Miles told MPs on Tuesday the leaks had been so…

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