The Madagascar government reached a staff-level agreement with the International Monetary Fund (IMF) for the disbursement of $320 million.

In an official statement, the Fund said the new deal is an Extended Credit Facility set up to assist the country in the implementation of its economic reforms.

For more information, please see https://www.ecofinagency.com/public-management/1502-42339-madagascar-reaches-staff-level-deal-with-imf-for-320mln-financing