The Mexican cooperation agency denies journalists’ allegations of misuse of funds from social programs in El Salvador

The Mexican Agency for International Development Cooperation (Amexcid) denied allegations made by Mexican journalist Raymundo Palacio that a Salvadoran executive used funds donated for the programs Sembrando Vida and Jovenes Construyendo el Futuro en El Salvador to purchase bitcoin.

The agency explained that the money is delivered directly to each beneficiary and that President Nayib Bukele is not a beneficiary of the program. Therefore, the information published by the Mexican journalist is false.