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US $18 million IMF economic loan

    ABIDJAN

    The International Monetary Fund (IMF) has approved a US $18-million loan for Guinea-Bissau to support its economic activities from 2000 to 2003, the agency announced on Friday. The package would promote sustainable growth, reduce poverty and broaden access to social services. IMF Deputy Managing Director Shigemitsu Sugisaki said the new three-year programme would provide “a framework to restore economic growth, promote structural reform, and improve socioeconomic indicators”.

    This article was produced by IRIN News while it was part of the United Nations Office for the Coordination of Humanitarian Affairs. Please send queries on copyright or liability to the UN. For more information: https://shop.un.org/rights-permissions

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