Somalia: IMF Executive Board Concludes 2022 Article IV Consultation and Fourth Review of the Extended Credit Facility for Somalia
Published on: Tuesday 06 December 2022
Document - Washington, DC: On December 5, 2022, the Executive Board of the International Monetary Fund (IMF) completed the fourth review of the Extended Credit Facility (ECF) arrangement for Somalia. The Board's decision enables the immediate disbursement of SDR 7 million (about US$ 8.9 million), bringing Somalia's total disbursement under the Extended Credit Facility (ECF) and the Extended Fund Facility (EFF) to SDR 278.4 million (about US$ 393.2 million).
News source: https://allafrica.com/stories/202212080164.html
