IMF TO ANGOLA $1.24 BLN
IMF- On June 12, 2019, the Executive Board of the International Monetary Fund (IMF) completed the First Review of Angola's economic program supported by an extended arrangement under the Extended Fund Facility (EFF). Completion of this review makes available SDR 179 million (about US$248.15 million), bringing total disbursements under the extended arrangement to SDR 894 million (about US$1.24 billion). The Board also approved the authorities' request for a waiver of nonobservance of the continuous performance criterion on the non-accumulation of external arrears,
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