The IMF’s executive board completed a review that enables an immediate $101 million disbursement to Madagascar, aimed at strengthening the country’s economic resilience.
On Wednesday, the International Monetary Fund (IMF) announced that its executive board has successfully completed a review of Madagascar’s program. This completion facilitates the immediate disbursement of $101 million to the country as part of its ongoing financial support. The funds aim to bolster Madagascar’s economic stability during challenging times, enhancing its ability to manage fiscal and external pressures.
The strategic disbursement of $101 million by the IMF signifies ongoing support for Madagascar as it navigates economic difficulties. This funding is intended to stabilize the nation’s economy, highlighting the IMF’s role in international financial assistance.
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