IMF approves $209m, 40-month Extended Credit Facility for Liberia's economic recovery.

The International Monetary Fund (IMF) has agreed on a $209 million, 40-month Extended Credit Facility arrangement with Liberia, subject to approval by the IMF Executive Board. The arrangement aims to support Liberia's economic recovery, address debt vulnerabilities, and help the country tackle governance and corruption issues. The credit support will also aid in managing the fiscal deficit, strengthening public finances, fostering growth, and supporting poverty reduction efforts.

August 26, 2024
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