AGP Executive Report
Last update: 8 hours agoBitcoin & IMF Compliance Clash: President Nayib Bukele pushed back hard on reports that El Salvador transferred its strategic Bitcoin reserve to private parties, saying only Chivo wallet shares moved—while the Strategic Bitcoin Reserve remains government-held—after the IMF said majority ownership and operational control of Chivo shifted to a private operator as part of the $140M tranche review. IMF Details on Funding Source: The IMF also confirmed that Bitcoin added to El Salvador’s holdings since June 2025 came from private donations, not public funds, and said no further accumulation beyond documented donations is expected. Security Model Under Scrutiny: A new report argues El Salvador’s “prison model” has driven record incarceration—about 110,000–115,000 inmates—under the Exception Regime, with mass detention and weakened due process. Diplomacy & Security Cooperation: El Salvador’s security leadership met Chile’s President José Antonio Kast to deepen bilateral defense cooperation against transnational organized crime, including penitentiary administration and intelligence sharing. Regional Context: In Colombia, a guerrilla drone attack killed two soldiers and wounded five, with President De la Espriella blaming the ELN amid intensified operations.
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