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  7. IMF approves US$478m for Suriname

IMF approves US$478m for Suriname

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31 May 2016 11:39 #306265 by chairman
(IMF press release) The Executive Board of the International Monetary Fund (IMF) today approved a 24-month Stand-By Arrangement (SBA) for Suriname, in an amount equivalent to SDR 342 million (about US$478 million or 265 percent of quota), to support the government’s economic reform program. The Board’s approval of the arrangement enables the immediate disbursement of an amount equivalent to SDR 58 million (about US$81 million).
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