Fitch expects the fiscal deficit for the current year to contract marginally by 0.2 per cent at 5.5 per cent of GDP. Fitch also expects that El Salvador's sovereign rating might be sufficient for covering its short-term debt servicing obligations, but due to the high concentration of such short-term debt holdings, El Salvador's economy might be in constraints in the long term. Within three months, (August-October 2022), an approximate $1.3 billion short-term debt will be maturing. Fitch also commented, "There is a high degree of uncertainty surrounding other sources of external financings, such as additional multilateral funding, given doubts surrounding an IMF program, as well as the capacity to issue bitcoin-backed bonds through new distribution channels."