The Executive Board of the International Monetary Fund (IMF) completed today the third review of the Republic of Congo’s economic program under the SDR 324 million Extended Credit Facility (ECF), which was approved on January 21, 2022. The completion of the review allows for the immediate disbursement of SDR 32.4 million (about US$ [43] million), bringing total disbursements under the ECF to SDR 226.8 million. This financing from the IMF will continue to help the authorities implement their development policies, maintain macroeconomic stability and strengthen economic recovery amid high food inflation, lower oil ... (full story)