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IMF: the second reviews of the agreements completed

07/06/2024
Source : ORISHAS-FINANCE
Categories: Economy/Forex

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Le mardi dernier, le conseil d' administration du FMI a achevé the second reviews of the extended credit facility (FEC) and the extended credit facility (MEDC) agreements and the first & Review of the Resilience and Sustainability Facility (FRD) agreement with the Islamic Republic of Mauritania

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The expected results of the programs supported by the IMF under the FEC and MEDC agreements and the FRD agreement are on track. The conclusion of these reviews allows the authorities to draw the equivalent of 21.3 million SDR (approximately $36.84 million). Economic growth is expected to improve in 2024, while inflation has slowed significantly, but the economic outlook remains uncertain

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