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El Salvador Pays Off $800M Bond; President Upset By Lack Of Coverage

Published 01/24/2023, 08:32 AM
Updated 01/24/2023, 09:00 AM
El Salvador Pays Off $800M Bond; President Upset By Lack Of Coverage
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  • El Salvador’s President is disappointed by the lack of news coverage after the country paid off its $800 million debt.
  • He calls out major news publications for claiming El Salvador will default on its debt in 2023.
  • The President shared the only news article he could find that was running the news of the country’s debt clearance.

El Salvador’s Finance Minister Alejandro Zelaya tweeted on January 24, that the country just paid off its $800 million bond. However, President Nayib Bukele is disappointed due to the lack of news coverage. On September 7, 2021, President Bukele adopted Bitcoin as the nation’s legal tender to uplift El Salvador financially and save $400 million in annual remittance commissions.

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