The Executive Board of the IMF has approved about US$27.41m for The Gambia after the Fifth Review under the Extended Credit Facility Arrangement for the country held in Washington, DC on Thursday. This takes the total disbursements under ECF arrangements to about US$87.44 million. In the second augmentation of access[Read More…]
Tag: IMF
IMF Grants Senegal Credit Extension Until January 2023 For Reviews
The International Monetary Fund’s board has approved Senegal’s request for a credit extension to Jan. 10, 2023, to allow time to complete credit and policy reviews, the Fund said in a statement on Thursday. The request, approved on Nov. 15, concerns an 18-month Stand-By Arrangement and Arrangement Under the Standby[Read More…]
IMF Approves $6.4M Loan To Gambia
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…]
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