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imf-approves-$34.4-mln-disbursement-for-central-african-republic

IMF approves $34.4 mln disbursement for Central African Republic

Posted on January 13, 2021 by admin

JOHANNESBURG: The International Monetary Fund’s (IMF) executive board approved a disbursement to Central African Republic of about $34.4 million after completing the first and second reviews of its $115 million loan program, the Fund said on Wednesday.

The country is facing the duel challenges of the coronavirus pandemic as well as a resurgent rebel offensive launched in opposition to elections held last month.

IMF Deputy Managing Director Mitsuhiro Furusa


Read the full story on The Himalayan Times


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