IMF approves $114.8 million emergency funding to South Sudan

IMF approves $114.8 million emergency funding to South Sudan

IMF approves $114.8 million emergency funding to South Sudan

The executive board of the International Monetary Fund (IMF) has approved an immediate disbursement of $114.8 million to the government of South Sudan to help it address the urgent balance of payment needs arising from the rising food insecurity and declining forex reserves.

For more information, please see https://www.theeastafrican.co.ke/tea/business/sout-sudan-to-get-usd114-8m-imf-funding-4143110

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