IMF Executive Board Approves a US$491.5 Million Disbursement to Uganda

“The Executive Board of the International Monetary Fund approved today a disbursement of SDR361 million (about US$491.5 million or 100 percent of quota) for Uganda under the Rapid Credit Facility. It will help finance the health, social protection and macroeconomic stabilization measures, meet the urgent balance-of-payments and fiscal needs arising from the COVID-19 outbreak.”

via IMF