Vote!
IMF Executive Board Approves New US$ 156.2 Million Extended Credit Facility Arrangement for Malawi
LILONGWE, Malawi, July 24, 2012/African Press Organization (APO)/ -- The Executive Board of the International Monetary Fund (IMF) today approved a new three-year arrangement for Malawi under the Extended Credit Facility (ECF) in an amount equivalent to SDR 104.1 million (about US$ 156.2 million). The Board's decision will enable an immediate disbursement equivalent to SDR 13.02 million (about US$ 19.5 million). The Board also took note of the authorities' cancellation of the arrangement under the ECF which was approved on February 19, 2010 (See Press Release No. 10/52). The government's...
blog comments powered by Disqus
Published By: Africa News - Tuesday, 24 July, 2012
- Older News
- Vote!
IMF board OKs Cyprus loan, warns of risks World News, (2 days ago) - WASHINGTON (Reuters) - The International Monetary Fund's executive board approved a $1.3 billion, three-year loan...
