Source:
International Monetary Fund (IMF) |
International Monetary Fund (IMF) Executive Board Concludes the Third Review of the Extended Credit Facility Arrangement and Approves US$31.45 Million under the Resilience and Sustainability Facility for Cabo Verde
The RSF will support the government’s effort to implement macro-critical climate reforms and catalyze private finance for climate adaptation and transition
The IMF Executive Board completed the third review under the 36-month Extended Credit Facility (ECF) arrangement with Cabo Verde, providing the country with access to SDR 4.5 million (about US$6 million), and approved an 18-month arrangement under the Resilience and Sustainability Facility (RSF), in the amount of 100 percent of…
