IMF Executive Board Approves a US$50 Million Disbursement to Liberia to Address the COVID-19 Pandemic

“The Executive Board of the International Monetary Fund, today, approved the disbursement of SDR36.17 million (US$50 million; 1.7 percent of GDP) to be drawn under the Rapid Credit Facility (RCF). This, together with debt relief approved in April 13, will help meet Liberia’s urgent balance of payment needs, mostly stemming from fiscal needs necessary to respond to the pandemic.”

via IMF