IMF executive board approves $638 million for Benin

IMF executive board approves $638 million for Benin

DAKAR (Reuters) – The International Monetary Fund’s (IMF) executive board has approved a $638 million extended fund and extended credit facility for Benin under a 42-month arrangement to help the West African nation address pressing financing needs, the IMF said in a statement late on Friday.The decision will enable an immediate disbursement of $143 million, which Benin authorities intend to use for budget support, the IMF said.Like other countr…

IMF executive board approves $638 million for Benin

DAKAR (Reuters) - The International Monetary Fund's (IMF) executive board has approved a $638 million extended fund and extended credit facility for Benin under a 42-month arrangement to help the West African nation address pressing financing needs, the IMF said in a statement late on Friday. Read full story

IMF executive board approves $638 million for Benin

The International Monetary Fund's (IMF) executive board has approved a $638 million extended fund and extended credit facility for Benin under a 42-month arrangement to help the West African nation address pressing financing needs, the IMF said in a statement late on Friday.

IMF executive board approves $638 million for Benin

DAKAR -- The International Monetary Fund's (IMF) executive board has approved a $638 million extended fund and extended credit facility for Benin under a 42-month arrangement to help the West African nation address pressing financing needs, the IMF said in a statement late on Friday. Read More

IMF Approves $638 Million Aid Plan for Benin

The IMF Board of Directors announced on Friday that it had approved a $638 million plan to help Benin, a West African country affected in particular by the war in Ukraine and the coronavirus pandemic.

IMF Executive Board Approves US$638 million Extended Fund Facility and Extended Credit Facility for Benin and Concludes 2022 Article IV Consultation

New Delhi : On July 8, 2022, the Executive Board of the International Monetary Fund approved 42-month arrangements under the Extended Fund Facility (EFF) and the Extended Credit Facility (ECF) for …