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IMF approves $455 mn loans for Congo

IMF approves $455 mn loans for Congo

January 25, 2022 by Hadi Abbas

Washington: The IMF board on Monday approved a three-year, $455 million loan for the Republic of Congo to help undergird the small African nation’s economic recovery. The global crisis-lender will provide $90 million immediately under the Extended Credit Facility to help the oil-dependent country deal with the impact of the Covid-19 pandemic. The economy “is […]

Filed Under: Top Stories, World Tagged With: IMF approves $455 mn loans for Congo, Latest

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