Tuesday 20, November 2012 by Robin Amlôt

IMF approves three-year, $78.9 million facility for Liberia

The Executive Board of the International Monetary Fund (IMF) has approved a three-year Extended Credit Facility (ECF) Arrangement for Liberia in an amount equivalent to SDR 51.68 million (about $78.9 million). The overall amount of the programme represents 40 percent of Liberia’s quota in the IMF and approval enables the immediate disbursement of SDR 7.382 million (about $11.3 million).

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