IMF Executive Board Concludes 2024 Discussions on Common Policies of Member Countries of the West African Economic and Monetary Union

The Executive Board of the International Monetary Fund (IMF) on March 15, 2024, concluded the annual discussions on common policies of member countries of the West African Economic and Monetary Union (WAEMU) .

IMF Reaches Staff-Level Agreement with Guinea Bissau on Fourth and Fifth Reviews of Extended Credit Facility Arrangement

IMF staff and the Guinea Bissau authorities have reached staff-level agreement on economic policies that could support the fourth and fifth reviews of the Extended Credit Facility (ECF) arrangement. Once the review is approved by IMF Management and completed by the IMF Executive Board, Guinea Bissau will have access to an additional SDR 6.17 million (about US$ 8.2 million).