The International Monetary Fund (IMF) has approved two new financial packages for The Gambia, signaling continued support for the country’s economic reforms and its push to confront the growing impacts of climate change. On Wednesday, the IMF’s Executive Board signed off on a climate-focused facility worth about $63.5 million under[Read More…]
Tag: Loans
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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