IMF Executive Board completes fourth review of Nepal’s Extended Credit Facility

The International Monetary Fund (IMF) Executive Board has successfully completed the fourth review of Nepal’s four-year Extended Credit Facility (ECF) programme, enabling the release of SDR 31.4 million (approximately US$ 41.3 million). This brings the total disbursements under the ECF for budget support to SDR 188.3 million (about US$ 247.7 million), according to the IMF. …

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