IMF Approves $8bn Additional Financing For Low Income Countries

ShareThe International Monetary Fund (IMF) has completed a review of its Poverty Reduction and Growth Trust (PRGT) facilities and financing that will allow it generate about $8 billion in additional subsidy resources for low income countries over the next five years. The PRGT is the IMF’s vehicle for providing concessional financing to low-income member countries....The post IMF Approves $8bn Additional Financing For Low Income Countries appeared first on New Telegraph.

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