The International Monetary Fund has approved a debt relief package worth $7.63 million to Burundi. IMF’s total debt relief is now $251.24 million given to 28 developing countries.

The grant is meant to help Burundi service its debt from July 21 to October 13, 2020, providing resources to cushion the country against the health and economic effects of the pandemic.

For more information, please see https://www.theeastafrican.co.ke/tea/business/imf-approves-burundi-debt-relief–1908072