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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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    Including Iraq .. the International Monetary Fund extends the program to help countries affected by

    Rocky
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    Including Iraq .. the International Monetary Fund extends the program to help countries affected by  Empty Including Iraq .. the International Monetary Fund extends the program to help countries affected by

    Post by Rocky Fri 24 Dec 2021, 5:49 am

    Including Iraq .. the International Monetary Fund extends the program to help countries affected by Corona

    •  Time: 12/24/2021 09:04:55
       
    •  Reading: 806 times

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    {Economic: Al Furat News} The International Monetary Fund announced, on Thursday, that it will extend for an additional 18 months the benefit from the emergency financing program to help countries severely affected by the Corona pandemic {Covid-19}.
    A statement issued by the Washington-based fund said that its Executive Board had approved on Monday a "temporary increase" of the limits to the use of its resources under the emergency financing instruments until June 2023.
    And in April 2020, when the first wave of infections and deaths from the Corona virus struck the world, the IMF provided facilities to countries to access such aid, including raising the level of financing that countries, including Iraq, can obtain.
    These programs have already been extended twice, in September 2020 and last March.
    The Executive Board also agreed to reduce all other temporarily increased access limits to pre-pandemic levels from January 2022.
    The Fund stressed that the decision guarantees "continuous access" for member states to the IMF's emergency financing programs in the event of urgent problems in the balance of payments.
    They include the Rapid Credit Facility, an interest-free program available to low-income countries, and the Rapid Financing Instrument available to all members of the Fund.
    Funds can be disbursed very quickly to help Member States implement emergency response policies.
    And the International Monetary Fund said, on Monday, that it had approved the fifth and final round of debt relief under a program aimed at helping the poorest countries deal with Covid.
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