Wednesday 03, September 2014 by Robin Amlôt

IMF Executive Board approves three-year $552.9 million facility with Yemen

The Executive Board of the International Monetary Fund (IMF) has approved a three-year Extended Credit Facility (ECF) arrangement with the Republic of Yemen for an amount equivalent to SDR 365.25 million ($552.9 million; or 150 per cent of Yemen’s quota) to help maintain macroeconomic stability and promote inclusive growth.

Features & Analyses

Islamic Finance The path forward

After years of milestones, Islamic finance in Dubai and beyond still has work to do, writes Abdulla Mohammed Al Awar, CEO of DIEDC read more