IMF Executive Board approved US$47.1 million disbursement under the Rapid Credit Facility for Madagascar

June 2014
African Business News;6/18/2014, p9
The article reports on the approval of 47.1 million U.S. dollars for emergency financial assistance under the Rapid Credit Facility (RCF) for Madagascar by the Executive Board of the International Monetary Fund (IMF) on June 18, 2014. The IMF financial assistance for Madagascar would enable the authorities to meet their urgent balance of payment needs.


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