Posted by: APO | 15 April 2020

International Monetary Fund (IMF) Executive Board approves a US$115.1 million disbursement to Chad to address the COVID-19 Pandemic

The IMF executive board approved the disbursement of US$115.1 million to Chad to be drawn under the Rapid Credit Facility; the outbreak of COVID-19 and the drop in international oil prices are having a severe economic and social impact on Chad; the government has taken strong measures to halt the community spread of the virus and is preparing an economic plan to mitigate the impact of the pandemic.… Read more on https://imf-fmi.africa-newsroom.com/press/international-monetary-fund-imf-executive-board-approves-a-us1151-million-disbursement-to-chad-to-address-the-covid19-pandemic?lang=en


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