The IMF has completed a review leading to the disbursement of $101 million to Madagascar, aimed at supporting its economic development and stability.
On Wednesday, the International Monetary Fund (IMF) announced that its executive board has successfully completed a review of Madagascar’s economic performance. This review enables the immediate release of $101 million in financial assistance to the Republic of Madagascar. The funds aim to support the country’s economic stability and growth initiatives, reflecting the IMF’s ongoing engagement with Madagascar.
The IMF’s recent board review has facilitated a vital financial injection of $101 million for Madagascar, intended to bolster its economic resilience. This action underscores the IMF’s commitment to supporting developing nations and enhancing their fiscal health.
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