April 22, 2025

El Salvador’s Sovereign Debt Surges as President Bukele Promises No New Borrowing in 2025

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El Salvador’s sovereign debt surged on Monday following an announcement by President Nayib Bukele that the 2025 budget would not include any new debt issuance, according to a report by Zijia Song and Vinícius Andrade for Bloomberg. This move signals a shift towards fiscal austerity and could be a pivotal step in securing a long-awaited deal with

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