WASHINGTON (Reuters) – The International Monetary Fund said it reached a staff-level agreement with Guinea-Bissau for a three-year, $36.3 million extended credit facility to create fiscal space to support an inclusive economic recovery and secure debt sustainability.
The agreement for the loan program, announced at the end of a Nov. 15-21 IMF mission to Bissau, needs approval from the Fund’s executive board.
(Reporting by David Lawder)
