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IMF Executive Board Concludes Second and Third Review Under Extended Credit Facility Arrangement for Mali

Date Time
IMF Executive Board Concludes Second and Third Review Under Extended Credit Facility Arrangement for Mali
The IMF Executive Board decision allows for an immediate disbursement of about US$57.6 million to Mali to help meet the country’s financing needs and support social spending and the post-pandemic recovery.
The ECF arrangement continues to support the government’s effort to mobilize revenues, improve management of public finances and strengthen governance.
A slower return to the regional deficit ceilings will support the economic recovery in the near term. Meanwhile, reforms will focus on addressing structural fiscal pressures to ensure a more sustainable, growth-friendly and pro-poor fiscal policy ....

United States , Mitsuhiro Furusawa , Ministry Of Economy , Board Of The International Monetary Fund , Executive Board , International Monetary Fund , Extended Credit Facility , Press Release , Deputy Managing Director , Acting Chair , Governance Assessment , Selected Economic , Financial Indicators , First Review Under , Disbursement Under , Access Under , ஒன்றுபட்டது மாநிலங்களில் , அமைச்சகம் ஆஃப் பொருளாதாரம் , பலகை ஆஃப் தி சர்வதேச பண நிதி , நிர்வாகி பலகை , சர்வதேச பண நிதி , நீட்டிக்கப்பட்டது கடன் வசதி , ப்ரெஸ் வெளியீடு , துணை நிர்வகித்தல் இயக்குனர் , நடிப்பு நாற்காலி , ஆளுகை மதிப்பீடு ,

The Gambia : First Review Under the Extended Credit Facility Arrangement, Financing Assurances Review, and Request for Augmentation of Access and a Waiver of Nonobservance of a Performance Criterion-Press Release; Staff Report; and Statement by the Executive Director for The Gambia

The IMF Executive Board approved, on March 23, 2020, a 39-month Extended
Credit Facility (ECF) arrangement in the amount of SDR 35 million (56.3 percent of
quota) for The Gambia. The Gambia benefited from a Rapid Credit Facility (RCF)
disbursement of SDR 15.55 million (25 percent of quota) approved on April 15, 2020
and is receiving debt service relief under the Catastrophe Containment and Relief Trust
(CCRT) expected to total SDR 7.9 million (SDR 4.2 million of which has already been
approved), to help meet heightened balance-of-payments and fiscal financing needs
due to the impact of the COVID-19 pandemic. While indicators point to a domestic
weakening of the pandemic, the authorities are seeking an ECF augmentation of
SDR 20 million (32.15 percent of quota) to meet balance-of-payments needs arising
from fiscal measures to stimulate the economic recovery in 2021, strengthen public
health preparedness, increase social spending to mitigate the effects o ....

Relief Trust , First Review Under , Extended Credit Facility Arrangement , Financing Assurances Review , Performance Criterion Press Release , Staff Report , Executive Director , Adobe Acrobat Reader , Extended Credit Facility , Rapid Credit Facility , Catastrophe Containment , துயர் நீக்கம் நம்பிக்கை , முதல் விமர்சனம் கீழ் , நீட்டிக்கப்பட்டது கடன் வசதி ஏற்பாடு , நிதி உத்தரவாதங்கள் விமர்சனம் , செயல்திறன் அளவுகோல் ப்ரெஸ் வெளியீடு , ஊழியர்கள் அறிக்கை , நிர்வாகி இயக்குனர் , நீட்டிக்கப்பட்டது கடன் வசதி , விரைவான கடன் வசதி , பேரழிவு கட்டுப்படுத்துதல் ,