IMF board approves big lending increase for poorest nations

imf board approves big lending increase for poorest nations

Sumary of IMF board approves big lending increase for poorest nations:

  • The COVID-19 crisis has drained resources set aside for these countries — most are which are in sub-Saharan Africa — far faster than anticipated, and their needs will remain high, the International Monetary Fund said.
  • The Washington-based crisis lender provides the financing largely through “multi-year lending arrangements,” unlike in 2020, when most aid was pushed out through emergency programs that disbursed immediately and were not conditioned on economic policies.

Want to know more click here go to source.

From -

Close
Generic selectors
Exact matches only
Search in title
Search in content

Site Language


By continuing to use the site, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close