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IMF approves US $366 million credit

    ABIDJAN

    The International Monetary Fund approved on Tuesday a three-year credit of US $366 million for the government of Cote d'Ivoire’s poverty reduction programmes, the fund announced.

    These programmes cover aspects of education, health, and institutional and legal reforms, outlined in the government's Poverty Reduction Strategy Paper. The credit was contingent on World Bank approval, obtained on Thursday. The clearance enables the government to receive its first disbursement of $73 million immediately.

    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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