Browsing Tag

Disbursement

IMF approves additional $111.06 million disbursement to Rwanda

Muizat Hameed Jun 12, 2020 0

The International Monetary Fund has approved US$111.06 million, a second disbursement under the Rapid Credit Facility, bringing the total IMF COVID-19 emergency support to Rwanda to US$ 220.46 million to help urgent balance of payment needs…

Saudi Arabia

Saudi orders disbursement of Ramadan aid to citizens

Mutiu Olawuyi May 12, 2020 1

King Salman of Saudi Arabia has ordered disbursement of SR1.85 billion ($492.4 million) as “Ramadan aid” for social security beneficiaries.While disclosing this on Monday May 11, 2020, a Saudi Press Agency reported that “The head of a…

Africa

Covid-19: IMF approves $43.4 million disbursement to Djibouti

Muizat Hameed May 9, 2020 0

The International Monetary Fund has approved a $ 43.4 million loan to Djibouti to support the authorities’ response to the COVID-19 crisis, as well as serve as a debt relief under the Catastrophe Containment and Relief Trust.Additional…