IMF Executive Board Approves a New SDR 80.12 Million Stand-By Arrangement and an SDR 61.95 Million Resilience and Sustainability Facility Arrangement for Kosovo
May 27, 2023
May 27, 2023
WASHINGTON, May 27 -- The International Monetary Fund issued the following news release on May 25, 2023:
The Executive Board of the IMF approved a 24-month precautionary SBA in the amount of SDR 80.12 million (around Euros100 million, 97 percent of quota) and an RSF in the amount of SDR 61.95 million (around Euros78 million, 75 percent of quota) to support Kosovo's economic policies. Kosovo is the first country in Europe to receive financing under the RSF.
Followin . . .
The Executive Board of the IMF approved a 24-month precautionary SBA in the amount of SDR 80.12 million (around Euros100 million, 97 percent of quota) and an RSF in the amount of SDR 61.95 million (around Euros78 million, 75 percent of quota) to support Kosovo's economic policies. Kosovo is the first country in Europe to receive financing under the RSF.
Followin . . .