IMF says its board approved $210 million arrangement for Liberia

Economy

FILE PHOTO: The International Monetary Fund (IMF) headquarters building is seen ahead of the IMF/World Bank spring meetings in Washington

September 25, 2024

Reuters - Reuters

WASHINGTON (Reuters) - The International Monetary Fund said on Wednesday its executive board approved an arrangement of about $210 million for Liberia, with an immediate disbursement of about $8 million.

"This support aims to assist the authorities in their reform efforts to address macroeconomic imbalances and establish a foundation for increased private-sector-led growth beyond the natural resource sector," the IMF said in a statement.

(Reporting by Kanishka Singh in Washington)

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