The government of El Salvador has made it clear that it will continue to promote bitcoin as part of its economic strategy, even though the country has signed an agreement with international monetary funds to phase out its bitcoin operations. Stacey Herbert, director of the Salvadoran Bitcoin Office, clarified that the country will continue to buy bitcoins at an "accelerated" rate even after the agreement, as part of its strategic bitcoin reserve strategy. Herbert also explained on social media that bitcoin will remain legal tender and that the government will continue to sponsor several educational programs focused on cryptocurrencies.