IMF Reaches Agreement on 3rd Review
06 October, Kathmandu: The Nepali authorities and the International Monetary Fund (IMF) team reached a staff-level agreement for a disbursement of about $51.3 million under the third review of the Extended Credit Facility (ECF) arrangement. The agreement is subject to approval by the IMF’s Executive Board, according to a press release issued by IMF on October 5. Nepal’s external position...
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