Suriname and the IMF Reach Staff-Level Agreement on the Second Review of the Extended Arrangement Under the Extended Fund Facility

An International Monetary Fund (IMF) team led by Ms. Anastasia Guscina conducted virtual and in-person mission with the Surinamese authorities during May 8-16 to discuss policies to complete the second review of Suriname’s economic recovery program supported by the IMF’s Extended Fund Facility.

IMF Executive Board Completes Review of Peru’s Performance Under the Flexible Credit Line Arrangement

The two-year arrangement was approved on May 27, 2022 for an amount of SDR 4.0035 billion (about US$5.3 billion or 300 percent of quota). The Peruvian authorities have reiterated their intention to continue to treat the arrangement as precautionary. The authorities intend to exit the arrangement conditional on the reduction of external risks, in line with their strategy that sees the use of the facility as temporary.

IMF Reaches Staff-Level Agreement with Cameroon on the Fourth Reviews of the Extended Credit Facility and the Extended Fund Facility

“The mission has reached staff-level agreement with the Cameroonian authorities on the economic and financial policies that could support the approval of the fourth reviews of the program under the ECF and EFF arrangements. Completion of the fourth reviews by the IMF Executive Board, scheduled in late June 2023, would enable the disbursement of SDR 55.2 million (about US$73.8 million).

IMF and Madagascar Reach Staff-Level Agreement on the Fourth Review of the Extended Credit Facility Arrangement

: A team from the International Monetary Fund (IMF) led by Frederic Lambert held discussions in Antananarivo during May 3 – 12, 2023 on the fourth review of the arrangement with Madagascar supported by the Extended Credit Facility (ECF) approved in March 2021.

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