Barbados wins first loan deal from IMF climate change fund
Barbados on Tuesday became the first country to secure agreement on a financing package under a new IMF fund aimed at helping low-income countries tackle the impacts of climate change.
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Barbados on Tuesday became the first country to secure agreement on a financing package under a new IMF fund aimed at helping low-income countries tackle the impacts of climate change.
Discussions between the government of Barbados and the International Monetary Fund (IMF) ahead of a new agreement have started. Prime Minister Mia Mottley and IMF mission chief Bert van Selm met on Tuesday at Ilaro Court and discussed a range of issues ahead of the start of negotiations for the extended fund facility (EFF) and the resilience and sustainability facility (RSF). Mottley provided a progress report on government’s policy initiatives, …
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