537 Views Panafrican News Agency

IMF Board completes second review of Ethiopia’s Extended Credit Facility arrangement


Washington, DC, United States (PANA) : The Executive Board of the International Monetary Fund (IMF) on Friday completed the second review of the 48-month Extended Credit Facility (ECF) for Ethiopia, allowing immediate disbursement of US$248 million,According to the Board’s statement, the funds will help Ethiopia meet its balance of payments needs
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