El Salvador's Bukele says expects IMF deal after next year's election

Salvadoran President Nayib Bukele said on Thursday he expects to reach an agreement with the International Monetary Fund (IMF) over a new financing program after next year's general elections, which end in March.

"I would expect the deal to come after the elections," Bukele told reporters at a press conference, adding that the negotiations with the lender have been "very productive."Rodrigo Valdes, director of the IMF's Western Hemisphere Department, described a recent mission to El Salvador as "a first step" toward reaching an agreement, but suggested that disagreements remain.

El Salvador's presidential and legislative elections are scheduled for next February, with local elections set for the following month.Outspoken U.S. Republican Jim Jordan will not hold a third ballot to be speaker of the U.S. House of Representatives and will instead back empowering interim speaker Patrick McHenry, the Washington Post and Punchbowl said on Thursday.

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