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IMF Executive Board approves $13.2 million disbursement for Kyrgyzstan

The Executive Board of the International Monetary Fund on December 4 completed the first review of the Kyrgyz Republic’s economic performance under the three-year arrangement under the Extended Credit Facility (ECF).

The Board’s approval enables the immediate disbursement of SDR 9.5 million (about US$13.2 million).

This would bring total disbursements under the arrangement to SDR 19 million (about US$26.4 million).

The extended arrangement for SDR 66.6 million (then about US$92.4 million) was approved on April 8, 2015.

Original url : www.akipress.com

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