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RSS FeedsIMF approves US170 million funding for Guinea to tackle poverty
(WorldNews Environment)

 
 

13 december 2017 00:42:57

 
IMF approves US170 million funding for Guinea to tackle poverty
(WorldNews Environment)
 


Sierra Leone Telegraph: 12 December 2017: The Executive Board of the International Monetary Fund (IMF) approved a three-year funding package, under the Extended Credit Facility (ECF) for Guinea for an amount equivalent to SDR 120.488 million (about US$170 million, or 56.25 percent of Guinea´s quota). w The funding will support Guinea´s 2016-20 National Social and Economic Development Plan, which aims at fostering higher and broad-based growth, diversifying the economy, and reducing poverty. The Executive Board´s decision today enables an immediate...


 
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