Washington : The executive board of the International Monetary Fund on Monday approved a USD 4.2 billion fund to support Ecuador over the next three years. The arrangement was reached last month at staff level and required a final approval by the board. It allows an immediate disbursement of […]
The International Monetary Fund executive board on Friday approved an increased loan package for Argentina worth $56 billion to help stabilize the crisis-battered country’s economy and currency. The IMF said the approval released $5.7 billion to the government immediately, but it also includes tougher conditions. The country secured […]
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