Bloomberg Law
April 17, 2023, 9:23 PM

El Salvador Taps Former IMF Official Werner as Deal Adviser (2)

Maria Elena Vizcaino
Maria Elena Vizcaino
Bloomberg News
Esteban Duarte
Esteban Duarte
Bloomberg News

El Salvador has tapped a former International Monetary Fund official as an adviser as it seeks a deal with the multilateral lender, according to people familiar with the matter.

Alejandro Werner, who retired as head of the Western Hemisphere Department at the IMF in 2021, has been working with the Central American nation’s government this year, according to the people, who asked not to be identified because the matter is private.

Alejandro Werner speaks during a Bloomberg Television interview in New York in November 2019.
Source: Bloomberg

President Nayib Bukele’s government has struggled to secure an extended fund facility agreement with the IMF, which has warned repeatedly against the risks of using Bitcoin ...

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