IMF grants Papua New Guinea $125m for reform support, focusing on debt, FX, and governance.
IMF grants Papua New Guinea $125m to support reforms, focusing on debt sustainability, FX shortages, and governance. The International Monetary Fund (IMF) will provide Papua New Guinea with immediate access to about $125 million, as announced in a statement following its executive board's second review. The program will continue to support Papua New Guinea's reform agenda, help protect the vulnerable, and foster inclusive growth.
July 12, 2024
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