Posted by: APO | 8 May 2017

IMF Executive Board Approves US$241.5 Million under the ECF Arrangement for Togo

The Executive Board of the International Monetary Fund (IMF) today approved a new three-year arrangement for Togo under the Extended Credit Facility (ECF) for SDR176.16 million (120 percent of quota or about US$241.5million) to support the country’s economic and financial reforms.[1] The Executive Board’s decision enables an immediate disbursement of SDR25.17 million (about US$34.5 million). The… Read more on http://imf-fmi.africa-newsroom.com/press/imf-executive-board-approves-us2415-million-under-the-ecf-arrangement-for-togo?lang=en


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