Angola Pays U.S.$176 Million of Its Debt With the IMF

  • 📰 allafrica
  • ⏱ Reading Time:
  • 33 sec. here
  • 16 min. at publisher
  • 📊 Quality Score:
  • News: 65%
  • Publisher: 99%

Africa News

Around 176 million US dollars is the amount that the Angolan Government has already paid to the International Monetary Fund (IMF), from 2021 to date, within the framework of the Expanded Financing Program (EFF) of this financial institution.

Luanda — Around 176 million US dollars is the amount that the Angolan Government has already paid to the International Monetary Fund , from 2021 to date, within the framework of the Expanded Financing Program of this financial institution.

"Angola's total debt is 3.20 billion in Special Drawing Rights , a type of international currency which is used to pay debts to the IMF. This advice, he highlighted, involves monitoring the country's economic and financial policies and identifying potential risks to economic growth and financial stability, as well as recommending economic policy adjustments appropriate to deal with the situation.There was a problem processing your submission. Please try again later.

The Extended Financing Program was approved by the IMF's Board of Executive Directors on December 7, 2018, with a duration of three years.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in ERROR

Loans Loans Latest News, Loans Loans Headlines