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IMF board approves $455 million loan deal for Congo Republic

01/22/2022 | 02:53am EDT
IMF chief Georgieva visits Congo

DAKAR (Reuters) - The executive board of the International Monetary Fund approved on Friday a three-year extended credit facility worth about $455 million for Congo Republic, the IMF said.

The decision will enable an immediate disbursement to the Central African oil producer of about $90 million, it said in a statement.

(Reporting by Aaron Ross; Editing by Jacqueline Wong)


© Reuters 2022
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