WASHINGTON (Reuters) – The International Monetary Fund said on Wednesday its Executive Board has approved a $116 million disbursement for Cameroon after completing an initial review of the country’s loan programs.
The payment will bring total disbursements to about $293 million under Cameroon’s Extended Credit Facility and Extended Fund Facility arrangements. The programs were valued at about $689 million and approved in July 2021, the IMF said.
(Reporting by David Lawder; Editing by Chris Reese)
