PANews reported on March 4 that according to CoinDesk, the International Monetary Fund (IMF) approved a 40-month, $1.4 billion Extended Fund Arrangement (EFF) to improve El Salvador's macroeconomic balance and impose restrictions on its Bitcoin policy. The IMF requires the Salvadoran government not to voluntarily increase its holdings of Bitcoin during the program.

As of February 24, the Salvadoran government holds 6,081 Bitcoins (about $600 million), which are managed by the National Bitcoin Management Agency. However, President Bukele still added 19 BTC after Bitcoin fell below $90,000. The IMF said that the use of Bitcoin in El Salvador is still limited, public trust is low, and the use of Bitcoin in tax payments is close to zero. In addition, El Salvador has amended the Bitcoin Act to cancel Bitcoin's legal currency status and only allow private institutions to accept it voluntarily.

Under the EFF agreement, El Salvador will achieve a 3.5% improvement in its primary fiscal balance within three years, with debt-to-GDP ratio expected to fall to 81% by 2029.