The International Monetary Fund (IMF) has reached a staff level agreement for a $6.4 million loan program for Gambia to help the West African country tackle inflation and foreign exchange market pressures, it said in a statement on Tuesday. Gambia’s inflation rate rose to two-digit figures in April and reached[Read More…]
Tag: IMF
IMF Releases $216m To Senegal
The International Monetary Fund has released nearly $216 million U.S. dollars for Senegal after a review of its aid programs for the West African country. The Executive Board of the International Monetary Fund (IMF) announced Wednesday ( June 22) “The completion of the audits allows the immediate release of about[Read More…]
Gambia Gets Additional US$6 Million IMF Loan To Meet Financing Needs
The Executive Board of the International Monetary Fund (IMF) Friday completed the fourth review under the Extended Credit Facility (ECF) arrangement for The Gambia. The completion of the review enables an immediate disbursement of SDR 5 million, about US$ 6.72 million, to help meet the country’s balance-of-payments and fiscal financing[Read More…]
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