Salvadoran vice president slams market fears over constitutional reform plan

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El Salvador's vice president criticized international financial markets on Friday after government bonds took a tumble on the disclosure of a constitutional reform plan that includes extending the president's term.

The prices of government bonds have fallen this week on investors' concerns over the draft of a reform plan publicly released by a legal team led by Vice President Felix Ulloa.

Investors were already on a knife edge over a pending agreement with the International Monetary Fund, which was put in doubt after President Nayib Bukele announced in June his plan to make Bitcoin legal tender in the country.

 

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