WASHINGTON (Reuters) – The International Monetary Fund said its executive board on Monday completed its first review of Mozambique’s three-year loan program, allowing for an immediate disbursement to Maputo of about $59.26 million.
The review brings total disbursements under the $456 million Extended Credit Facility program approved in May to about $150 million to date, the IMF said.
(Reporting by David Lawder)
