Posted by: APO | 22 December 2016

IMF Executive Board Completes First Review Under the ECF Arrangement for the Central African Republic and Approves US$16.8 Million Disbursement

On December 19, 2016, the Executive Board of the International Monetary Fund (IMF) completed the first review under the Extended Credit Facility (ECF) [1] arrangement for the Central African Republic (CAR). The Executive Board’s decision was taken on a lapse-of-time basis.[2] The completion of the review enables a disbursement of SDR 12.525 million (about US$16.8 million), which will bring total… Read more on http://imf-fmi.africa-newsroom.com/press/imf-executive-board-completes-first-review-under-the-ecf-arrangement-for-the-central-african-republic-and-approves-us168-million-disbursement?lang=en


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