67706
IMF Approves Gambia Loan
IMF Approves Gambia Loan

IMF Approves Gambia Loan

IMF Approves Gambia Loan

The executive board of the International Monetary Fund has recently endorsed the disbursement of $16.1 million emergency financial assistance to the Gambia government, AllAfrica reported. The disbursement was under the Rapid Credit Facility, a lending arrangement through which IMF provides rapid financial support in a single, up-front payout for low-income countries facing urgent financing needs. IMF said, the $16.1 million was approved “to enable the authorities to meet their urgent balance of payment needs and “a precariously low level” of usable international reserves.

Short URL : https://goo.gl/CC4z5k
  1. https://goo.gl/uKhwde
  • https://goo.gl/cP528W
  • https://goo.gl/S1FDf2
  • https://goo.gl/MCzS5Q
  • https://goo.gl/s3ncsC

You can also read ...

Malaysia Economy Set to Grow
Malaysia’s economy is set to grow this year with gross...
The high resolution MRI, CT, and sonogram images underpin advances in medical diagnosis.
The growth in labor productivity – real output per hour worked...
Growth is forecast at 2.2% in 2017, down from  a previous projection of 2.8%.
UAE’s real GDP growth will slow in 2017, owing to oil...
EU heavyweights France, Germany and Italy argue that there is growing evidence of discrimination, especially by state owned companies and a determined Chinese strategy to secure the most modern European technologies in key industrial sectors.
Both Brussels and Washington are taking steps to force China...
Based on the index  gas, fuels, water and housing, especially  sub-indexes, declined by 2.4% year on year in July.
Subdued demand due to cash shortages in Zimbabwe has resulted...
German Investor Morale Slumps
German investor confidence fell sharply in August, amid...
Pak Current A/C Deficit Widens
Pakistan posted a glaringly high current account deficit of $2...
The surge in European stocks pushed up the MSCI world equity index.
European stocks broke a three-day losing streak on Tuesday,...

Add new comment

Read our comment policy before posting your viewpoints

Image CAPTCHA
Enter the characters shown in the image.

Trending

Googleplus