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MF EXECUTIVE BOARD COMPLETES FIRST REVIEW UNDER THE EXTENDED CREDIT FACILITY ARRANGEMENT AND APPROVES US$13.69 MILLION DISBURSEMENT

The Executive Board of the International Monetary Fund (IMF) today completed the first review of Sierra Leone’s economic program under a three-year arrangement under the Extended Credit Facility (ECF) for Sierra Leone.1

 The completion of the review enables the disbursement of an amount equivalent to SDR 8.89 million (about US$13.69 million), bringing the total disbursements under the arrangement to SDR 17.78 million (about US$27.39 million). The decision was taken without a formal Board meeting.2

https://www.einnews.com/pr_news/210213086/sierra-leone-imf-executive-board-completes-first-review-under-the-extended-credit-facility-arrangement-and-approves-us-13-69-million-disbursement