Posted inEconomics

IMF approves $120m loan to Uganda despite not fulfilling all conditions

The International Monetary Fund (IMF) Executive Board approved a disbursement of $120 million to Uganda under the Extended Credit Facility arrangement despite the country not observing certain conditions. The development brings the aggregate disbursement under the ECF arrangement to US$750 million “The Executive Board of the International Monetary Fund (IMF) today concluded the fourth review […]

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