IMF reaches staff-level deal for Liberia on $209 million new credit facility

FILE PHOTO: International Monetary Fund (IMF) logo is seen outside the headquarters building in Washington, U.S., September 4, 2018. REUTERS/Yuri Gripas/File Photo
Source: REUTERS

IMF reaches staff-level deal for Liberia on $209 million new credit facility

The International Monetary Fund reached a staff-level agreement for Liberia on a new 40-month extended credit facility arrangement for $209 million, the IMF said in a statement on Monday.

The arrangement is subject to approval by the IMF Executive Board, the IMF said, adding the board discussion is scheduled for Sept. 25.

This article was produced by Reuters news agency. It has not been edited by Global South World.

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